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100 Bolivianos Law of 20.12.1945, 2nd Issue
| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 1945 |
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| Printer | Thomas De La Rue & Company, Limited |
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| Obverse description | Black intaglio on multicolor guilloche underprint. An intaglio portrait vignette of President Gualberto Villarroel is set within an oval frame at right, with the Bolivian coat of arms at left. The central field carries a dense polychrome guilloche rosette with the large numeral '100' superimposed, beneath the issuer legend 'EL BANCO CENTRAL DE BOLIVIA' across the top and the denomination 'CIEN BOLIVIANOS' below centre, with the place and law date 'LA PAZ, LEY DE 20 DE DICIEMBRE DE 1945' at lower left. Three signature lines for Contador, Superintendente de Bancos, and Gerente General appear at the bottom, above the printer's imprint. |
|---|---|
| Obverse lettering | EL BANCO CENTRAL DE BOLIVIA 100 Nº PAGARÁ AL PORTADOR A LA VISTA SERIE SERIE 100 CIEN BOLIVIANOS LA PAZ. Ley de 20 de Diciembre de 1945 CONTADOR SUPERINTENDENTE DE BANCOS GERENTE GENERAL DIEZ BOLIVARES THOMAS DE LA RUE & COMPANY, LIMITED. |
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| Comments |
Bolivia's 1945 currency legislation followed a period of acute fiscal strain accelerated by wartime commodity pressures — the country had leveraged its tin exports heavily, and the monetary system needed structural reinforcement. This second issue under the same law suggests the first printing run was exhausted faster than anticipated, an indicator of genuine circulation demand rather than reserve accumulation.
Thomas De La Rue's involvement guarantees a consistent intaglio standard, though the Bolivian series of this period is not especially sought after for printing curiosities. The more relevant detail: P#147 notes in circulated grades frequently show horizontal fold fatigue along the lower third, a known weakness in this particular format that collectors should examine closely before purchase.