10 Pesos Oro

The Banco de la República was established in 1923 under conditions imposed by the Kemmerer Mission, the U.S. financial advisory team that restructured monetary systems across several Andean nations in the 1920s. The long print run for this series — spanning over two decades with the same basic ABNC plate design — reflects the relative monetary stability Colombia maintained through the mid-century period, unusual for the region.

ABNC's contract with Bogotá was one of their more durable Latin American arrangements. Notes from the early 1940s printings sometimes show tighter ink registration than later impressions, a consequence of plate wear accumulated over the extended run.