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10 Bolivianos Banco Agricola

Issuer El Banco Agrícola
Year 1903
Type Standard circulation banknote
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Obverse description Salmon-toned note with a seated allegorical female figure at left holding a spear, flanked by an ornate bank monogram cartouche. An oval portrait vignette at right shows a uniformed military figure with a pastoral sheep scene behind. Central text reads DIEZ BOLIVIANOS in bold lettering with script promise text below, dated La Paz, 22 de Noviembre de 1903.
Obverse lettering EL BANCO AGRICOLA
Pagará al portador
DIEZ BOLIVIANOS
en moneda corriente
LA PAZ
A 22 DE NOVIEMBRE DE 1903
DELEGADO DEL GOBIERNO
PRESIDENTE DEL DIRECTORIO
ADMINISTRADOR GERENTE
Bradbury Wilkinson y Ca Grabadores Londres
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Comments

El Banco Agrícola was established in Bolivia in the early 1890s to channel agricultural credit into a sector that the major commercial banks largely ignored. By 1903, when this note was issued, the bank was operating under serious liquidity constraints — Bolivia's rubber and tin export revenues were concentrated in institutions with closer ties to La Paz's financial establishment, leaving agricultural lenders perpetually undercapitalized.

Bradbury Wilkinson printed a wide range of Latin American provincial and sectoral bank issues during this period, often working from modular plate designs adapted across multiple clients. Whether this note shares design elements with other BW commissions from the same years is worth examining against comparable South American issues in the series.

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