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10 Pesos 1st. issue
| Issuer | Banco Nacional de la República de Colombia |
|---|---|
| Year | 1900 |
| Type | Log in to see details |
| Value | 10 Pesos |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Banco Nacional DE LA REPUBLICA DE COLOMBIA PAGARÁ AL PORTADOR Á LA VISTA DIEZ PESOS EN MONEDA CORRIENTE BOGOTÁ, 30 DE SEPTIEMBRE DE 1900. (Translation: The National Bank of Republic of Colombia Pay to bearer at sight Ten Pesos In currency Bogota, September 30, 1900.) |
| Reverse description | Printed entirely in purple, the reverse is composed of dense geometric guilloche latticework filling the field, with four circular counters bearing the numeral 10 at the corners. A large central oval medallion encloses the numeral 10 set against a rosette guilloche ground, with the bank title BANCO NACIONAL arching above it. The legends DIEZ PESOS and REPUBLICA DE COLOMBIA are repeated along the top and bottom borders within ornamental frames. |
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| Comments |
The Banco Nacional de la República de Colombia had a troubled final chapter. Established in 1881, the bank became the exclusive issuer of paper currency in Colombia, but by the late 1890s its notes were circulating at steep discounts against specie — the result of chronic over-emission to finance government deficits. The 1900 date places this note squarely within the Thousand Days War, the ruinous civil conflict that ran from 1899 to 1902 and drove Colombia's paper money into near-total collapse.
Printed domestically by Litografía Nacional rather than sent abroad to a European security printer, the note reflects wartime economic isolation as much as anything else. The Banco Nacional was formally liquidated in 1904.