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10 Pesos

Issuer Banco del Estado, Cali
Year 1900
Type Standard circulation banknote
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Obverse description Header reads REPUBLICA DE COLOMBIA above the bank title EL BANCO DEL ESTADO in bold lettering. A vignette at left shows a seated allegorical female figure on rocks, with the Colombian coat of arms at right. The denomination DIEZ PESOS is set in large display type at centre, with date Popayán, Febrero 23 de 1900 below.
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Reverse description The reverse is covered by an intricate guilloche lattice underprint in dark ink filling the entire field. At top, the text Cali, Junio 21 de 1900 and La Junta de Emisión appear above signature lines for El Presidente, El Vicepresidente, and El Vocal. At bottom, two ornamental panels flank the central denomination legend DIEZ PESOS with the numeral 10 repeated at corners.
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Comments

Banco del Estado was one of several Colombian departmental banks operating under the 1880 banking law that permitted individual states to charter note-issuing institutions. Cali's bank served the Cauca region, a coffee-producing corridor increasingly integrated into export markets by the turn of the century — which is precisely when this note appeared. The timing matters: 1900 falls squarely within the Thousand Days War, the devastating civil conflict that wrecked Colombia's monetary system and drove most private bank notes to near-worthlessness through hoarding, repudiation, and forced conversion.

Few Banco del Estado issues survived that period in collectible numbers.

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