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10 Pesos Oro
| Issuer | Banco de la República |
|---|---|
| Year | 1927 |
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| Reference(s) | P#377 |
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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 | Log in to see details |
| Reverse lettering | BANCO DE LA REPUBLICA BOGOTA COLOMBIA DIEZ PESOS ORO EL CAJERO (Translation: Bank of the Republic / Bogota Colombia / Ten Pesos Oro / The Cashier) |
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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.