100 Bolívares

The Banco de Maracaibo was a regional commercial bank operating out of Venezuela's principal oil port, though petroleum revenue had not yet transformed the region when this note was printed — that would come in the following decade. The bank issued its own currency under concession arrangements that were increasingly at odds with centralizing pressure from Caracas, and the 1915–1917 dating of this series places it in the final years before Gómez-era reforms effectively ended regional note issue in Venezuela.

ABNC's execution on this series is characteristically tight. The P#220 is among the higher denominations the Banco de Maracaibo put into circulation, which means surviving examples in any grade of honest wear are uncommon — large-denomination regional notes moved slowly, were hoarded or redeemed quickly, and rarely survived in quantity.