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10 Bolívares

Issuer Banco Comercial de Maracaibo
Year 1921
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Value 10 Bolívares
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Obverse description Dark green and black engraved note with a central oval vignette containing a portrait of Simón Bolívar in military uniform, flanked on both sides by large numeral '10' counters and elaborate guilloche underprint work. The bank title 'BANCO COMERCIAL DE MARACAIBO' and subtitle 'COMPAÑÍA ANÓNIMA' appear across the top, with the date '19 DE MAYO DE 1921' and place name 'MARACAIBO' at lower left. Two manuscript signatures appear along the bottom margin, with series letter 'A' and serial number at upper left and right.
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Reverse description Printed in green, the reverse is dominated by a central oval vignette illustrating a llanero on horseback roping a bull in a dynamic pastoral scene, surrounded by intricate guilloche border work. Large numeral '10' counters appear at left and right within decorative frames. The inscriptions 'BANCO COMERCIAL DE MARACAIBO' and 'COMPAÑÍA ANÓNIMA' are placed at top and bottom respectively, with the denomination numeral '10' also repeated in the upper center above the vignette.
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Comments

The Banco Comercial de Maracaibo operated in a Venezuela where regional commercial banks still issued their own currency — a situation the government would move to end within a decade. The 1923 Ley de Bancos tightened federal control over note-issuing privileges, and by the time the Banco Central de Venezuela was established in 1940, private bank issuance was finished entirely. This note belongs to the last generation of that era.

American Bank Note Company produced the series from their New York facilities. ABNC's work for Venezuelan regional banks in the early 1920s is well documented, and their intaglio printing on cotton stock held up considerably better in the humid Caribbean climate than locally produced alternatives would have.

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