Catalog
10 Pesos
| Issuer | Banco de Sogamoso |
|---|---|
| Year | 1882 |
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| Value | Log in to see details |
| Currency | Peso (1826-1985) |
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| Obverse description | Black letterpress and lithographic print on white paper with an orange underprint. A central pastoral vignette at top centre shows cattle and a herdsman in a rural landscape, flanked on either side by ornate guilloche medallions bearing the numeral '10'. The bank title 'EL BANCO DE SOGAMOSO' runs across a wide central band, below which a cartouche in orange carries the denomination 'DIEZ PESOS' in bold lettering. Series letter, serial number, date, and three director signature lines appear in the lower portion. |
|---|---|
| Obverse lettering | EL BANCO DE SOGAMOSO DIEZ PESOS Pagará al portador á la vista en moneda corriente Sogamoso Serie B. PRIMER DIRECTOR SEGUNDO DIRECTOR TERCER DIRECTOR LITOGRAFIA DE D. PAREDES, BOGOTA |
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| Comments |
Banco de Sogamoso was one of dozens of private Colombian banks that briefly flourished under the 1871 banking law, which allowed free incorporation without reserve requirements — a policy that produced a wave of regional note-issuing institutions, many of them undercapitalized from the start. Sogamoso itself is a mid-sized Boyacá town with no particular commercial dominance, which makes the bank's existence more a product of liberal banking legislation than of genuine regional financial demand.
Printed locally by Litografía de D. Paredes rather than sent abroad to the major security printers, which was the more common route for Colombian private bank issues of this period. The choice reflects either cost constraints or simple pragmatism given Bogotá's proximity.