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10 Pesos

Issuer Banco Nacional
Year 1881
Type Local banknote
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Obverse lettering EL BANCO NACIONAL
DIEZ
10
Buenos Aires Enero 1 de 1881
PAGARÉ AL PORTADOR
VALE A LA VISTA
Diez Pesos
SÉRIE A
Ley de 5 de Noviembre de 1881
AMERICAN BANK NOTE COMPANY NEW YORK
Reverse description Printed entirely in red, the reverse is dominated by a central vignette of the Argentine national coat of arms — featuring the oval shield with a rising sun, laurel wreath, and the national cap — surrounded by elaborate guilloche ornamental scrollwork. The denomination '10' appears in large numerals to the left and right of the central vignette, and the inscription 'EL BANCO NACIONAL' runs across the top, with '10 BUENOS AIRES 10' along the lower margin. The overall design is executed in a dense interlocking lathe-work pattern typical of American Bank Note Company engraving.
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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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