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10 Bolivianos / 1 Bolivar

Issuer Banco Central de Bolivia
Year 1928
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Size 125 × 65 mm
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Reverse description The Bolivian national coat of arms is centred on the reverse, surrounded by guilloche underprint work, with the denomination value stated on both sides of the emblem and repeated in each corner of the note.
Reverse lettering Banco Central de Bolivia
Diez bolivianos
Un bolívar
(Translation: Central Bank of Bolivia / Ten bolivianos / One bolívar)
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Comments

Bolivia's 1928 currency reform collapsed the old boliviano system — one new Bolivar equalled one hundred old bolivianos — and this transitional note reflects the awkward dual nomenclature of that moment, when the new unit had legal standing but hadn't yet displaced the old name in everyday use. The Banco Central de Bolivia itself had only been founded in 1928, part of a broader financial reorganisation recommended by the Kemmerer Commission, the American advisory mission that restructured monetary institutions across much of South America during that decade.

Waterlow & Sons printed the series to a high standard, but the Bolivar as a currency unit was short-lived; Bolivia reverted to the boliviano name well before mid-century.

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