Catalog
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| Issuer | Banco de Oriente |
|---|---|
| Year | 1883 |
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| Composition | Cotton paper |
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| Obverse lettering | BANCO DE ORIENTE Serie U. Núm° 123 EL BANCO DE ORIENTE PAGARÁ AL PORTADOR Y A LA VISTA CIEN PESOS DE LEY, EN MONEDAS CORRIENTES RIONEGRO |
| Reverse description | The reverse is printed in purple, dominated by a central interlocking oval guilloche design incorporating the inscriptions 'BANCO', 'DE', and 'ORIENTE' with the denomination numeral '100' repeated on each side. A rectangular stamp reading 'BANCO DE ORIENTE' appears at upper left, and a circular violet administrative handstamp, referencing the Dirección General del Tesoro of Medellín, is visible at upper right. Vertical text reading 'ORIENTE' appears along the right margin. |
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| Comments |
Banco de Oriente was one of several regional Colombian banks chartered under the 1880 banking law, which allowed provincial institutions to issue their own notes — a decentralized arrangement that lasted until the Banco de la República absorbed domestic note-issuing authority in the early twentieth century. The bank operated out of Bucaramanga, capital of Santander department, serving the commercial needs of a region whose economy ran heavily on coffee and tobacco exports through the Magdalena River corridor.
At the 100 Peso denomination, this note would have represented serious purchasing power in 1883 provincial Colombia. High-value regionals from this period survived in tiny numbers; most circulated hard and were redeemed or destroyed when the issuing bank collapsed or was wound down.