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10 Centavos

Issuer Banco del Estado
Year 1900
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Value 10 Centavos
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Obverse description The obverse carries a left-side vignette of a uniformed military bust portrait, printed in dark ink against a fine guilloche underprint. The upper field bears the inscription REPÚBLICA DE COLOMBIA above the large bank title EL BANCO DEL ESTADO in bold lettering, with the promise clause pagará al portador a la vista below. The denomination DIEZ CENTAVOS appears in a panel to the right, with series designation and three manuscript signatures of bank officials beneath.
Obverse lettering REPÚBLICA DE COLOMBIA
EL BANCO DEL ESTADO
pagará al portador a la vista
Serie A
DIEZ CENTAVOS
Secretario de Hacienda
El Gerente
El Director nombrado por la Asamblea
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Comments

Banco del Estado was a regional institution operating in Colombia during the free banking period that preceded the establishment of the Banco de la República in 1923. The 10 centavos denomination points to fractional currency needs — small-change notes of this type were typically issued to compensate for chronic shortages of low-value coin in the interior, where transporting metal currency was expensive and losses from wear significant.

The P#S501 prefix indicates this is catalogued among Colombian state and private bank issues, a series that suffered enormous attrition through the civil conflicts of the period, particularly the Thousand Days War of 1899–1902. Notes from institutions caught in that disruption rarely survived in quantity.

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