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10 Pesos

Issuer Banco Nacional
Year 1899
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Currency Peso (1875-1914)
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Obverse description The obverse is dominated by the large bold inscription BANCO DE BOGOTA across the upper portion of the note, with the denomination 10 repeated in each corner and along the bottom border as a repetitive underprint strip. A central panel carries the cursive promise-to-pay text and the denomination legend DIEZ PESOS in a rectangular cartouche, flanked on each side by two green guilloche medallions bearing the numeral 10. Series and serial number appear at upper left and upper right, and the date line below the central text reads 'Bogotá de 187_', with signature lines for three directors.
Obverse lettering BANCO DE BOGOTA
DIEZ PESOS
El Banco de Bogotá pagará al portador á la vista
Bogotá de 187_
El Director 2° El Director Jeneral El Director 3°
Serie Núm.
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Comments

Banco Nacional was one of several private banks of issue operating in Colombia during the late nineteenth century under government concession — not to be confused with the state-owned Banco Nacional de Colombia, which had its own turbulent history of forced-currency legislation in the 1880s and 1890s. The distinction matters for attribution, and catalog confusion between the two is not uncommon.

By 1899, Colombia was months away from the War of the Thousand Days, the devastating civil conflict that would run until 1902 and trigger a catastrophic hyperinflationary episode. Notes issued in this period had almost no stable economic environment to circulate in.

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