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| Issuer | Banco Unión, Cartagena |
|---|---|
| Year | 1887 |
| Type | Log in to see details |
| Value | 10 Pesos |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO UNION DIEZ PESOS Cartagena Pagará al portador á la vista en su oficina la suma de DIEZ PESOS en moneda legal corriente EL SR. DIRECTOR EL DIRECTIVO |
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| Reverse lettering | DIEZ PESOS DIEZ EL CAJERO 10 |
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| Comments |
Banco Unión operated out of Cartagena during one of the most turbulent periods in Colombian banking history — the era of free banking under the 1871 law that allowed private regional banks to issue their own currency with minimal federal oversight. By 1887, the year of this note, political pressure was already building toward the banking centralization that would eventually produce the Banco Nacional's monopoly on issue.
ABNC's work for Colombian provincial banks during this period was extensive, and plates were sometimes shared or adapted across clients. Worth confirming whether the S868 plate was unique to Banco Unión or adapted from an earlier commission.