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10 Pesos

Issuer Banco Nacional
Year 1881
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Value 10 Pesos
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Obverse description Printed in violet and pink, the obverse bears the bank title 'EL BANCO NACIONAL' across the top within a decorative border with repeated denomination numerals '10' and 'DIEZ' at the corners. A central vignette presents a bust portrait of a bearded gentleman in formal attire, flanked left and right by oval vignettes of allegorical female figures with laurel wreaths. The text fields indicate Buenos Aires, Enero 1 de 1881, with inscriptions 'PAGARÉ AL PORTADOR' and 'VALE A LA VISTA DIEZ PESOS', below which appear Series A designation, manuscript signature, and the imprint of the American Bank Note Company, New York.
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Reverse lettering EL BANCO NACIONAL
10
10 BUENOS AIRES 10
AMERICAN BANK NOTE COMPANY NEW YORK
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Comments

Banco Nacional was a short-lived Colombian institution, chartered in 1880 and already in crisis within a decade — its notes becoming deeply distrusted before the bank was liquidated in the early 1890s amid accusations of over-issuance and political manipulation. This 1881 note predates the worst of that trouble, placing it in the bank's earliest period of operation, when confidence was still nominally intact.

The American Bank Note Company contract for this series is well documented. ABNC was the dominant supplier to Latin American issuers throughout this period, and Colombian institutions returned to them repeatedly despite the shipping distance.

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