Catalog
10 Pesos
| Issuer | Banco Dugand |
|---|---|
| Year | 1921 |
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| Composition | Cotton paper |
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|---|---|
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| Reverse description | Plain cream-coloured reverse with a simple rectangular guilloche border. The interior is filled entirely with printed text in Spanish listing the Condiciones governing the mortgage bond, numbered clauses 1 through 6, with no pictorial vignette. |
| Reverse lettering | Condiciones |
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| Comments |
Banco Dugand was a short-lived Colombian regional bank founded by the Dugand family in Barranquilla. It operated during the final years of Colombia's free banking period, before tightening federal oversight effectively ended private note issue. The bank collapsed in 1922 — barely a year after this note was produced — making the entire Dugand series among the most ephemeral private issues in Colombian banking history.
ABNC printed the series in New York to a high technical standard that the bank itself never had time to justify through extended circulation. Surviving examples are genuinely scarce, and the brevity of the issuing institution's operational life is the most important fact about this note.