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10 Pesos Oro Legal

Issuer Banco de Caldas
Year 1919
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Reference(s) P#S329
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Reverse description Uniform orange-printed reverse with dense guilloche scroll-work border and central oval panel bearing the legend BANCO DE CALDAS. A block of CONDICIONES text in small letterpress occupies the central field, detailing the mortgage section terms, beneath a bold numeral 10 on each lateral panel. AMERICAN BANK NOTE COMPANY imprint at foot.
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Variants P#S329 - Specimen
Comments

Banco de Caldas was a regional Colombian bank operating out of Manizales, chartered to serve the coffee-growing department of Caldas at a time when regional private banks still issued their own currency under federal concession. The American Bank Note Company handled a significant portion of Latin American private bank printing in this period, and the Caldas commission was no exception — plates were engraved in New York and the finished notes shipped south.

Colombian private banking came to an abrupt end with the 1923 Kemmerer Mission reforms, which established the Banco de la República as sole issuer and forced regional banks out of the currency business entirely. Notes from Banco de Caldas had only a few years of legitimate circulation before redemption and destruction reduced surviving populations sharply.

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