Catalog
10 Bolivianos overprinted on P# 192B
| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 1987 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Casa da Moeda do Brasil, Brazil |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | A vignette of Mercury appears at left, accompanied by the issuer's full title at top and the document classification below. The face value is expressed in words at center, with numerical denominations repeated at middle right and lower left. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | $b. 10.000.000 $b. 10.000.000 ESTE CHEQUE TIENE CIRCULACION LEGAL A NIVEL NACIONAL Y SIRVE PARA PAGOS DE TRANSACCIONES PUBLICAS Y PRIVADAS BCB $b. 10.000.000 $b. 10.000.000 $b. 10.000.000 (overprinted, turned 90°) Bs10 DIEZ BOLIVIANOS (Translation: $b. 10,000,000 $b. 10,000,000 This check is legal tender at the national level and is valid for payment of public and private transactions. B.C.B. $b. 10,000,000 $b. 10,000,000 $b. 10,000,000 (overprinted, turned 90°) Bs10 Ten Bolivianos) |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Bolivia's hyperinflation crisis of the mid-1980s was among the most severe in Latin American history, with annual inflation peaking above 20,000 percent in 1985. The government's response — the New Economic Policy launched under President Paz Estenssoro — stabilized the currency rapidly, but the transition left the central bank with enormous stocks of notes that were effectively worthless at face value. Rather than scrap them, the bank overprinted existing P#192B stock with sharply revalued denominations, a stopgap that bridged the old peso boliviano issues into the new boliviano framework introduced at a conversion rate of one million to one.
The overprint series is well documented but frequently found with uneven ink application, a known characteristic of the rush conditions under which the stamps were applied.