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10 Pesos Oro
| Issuer | Banco de la República |
|---|---|
| Year | 1927 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | EL BANCO DE LA REPUBLICA PAGARA AL PORTADOR DIEZ PESOS ORO BOGOTA, COLOMBIA (Translation: The Bank of the Republic Will Pay to the Bearer Ten Pesos Oro / Bogota, Colombia) |
| Reverse description | Central vignette of the Banco de la República building in Medellín, rendered in fine intaglio engraving and framed by elaborate guilloche scrollwork. The bank name 'BANCO DE LA REPUBLICA' appears at the top and 'BOGOTA COLOMBIA' is inscribed below the vignette on a decorative tablet. A large guilloche rosette occupies the left field, with the denomination numeral '10' and 'DIEZ PESOS ORO' at lower right, and the printer's imprint 'THOMAS DE LA RUE & CO LTD LONDRES INGLATERRA' at the bottom margin. |
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| Comments |
Colombia's Banco de la República was established in 1923 under the direct influence of the Kemmerer Mission — the U.S. financial advisory team led by Edwin Kemmerer that restructured monetary systems across five South American nations during that decade. This note belongs to the bank's earliest emission period, when De La Rue's involvement was essentially guaranteed by the prestige requirements written into the new central banking framework.
The "Pesos Oro" denomination was a deliberate legal construct, tying the currency to a gold standard parity rather than simply naming a unit of account. Colombia abandoned that parity during the global crisis of 1931, making pre-Depression issues like this one a short-lived first chapter.