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100 Pesos
| Issuer | Banco Nacional |
|---|---|
| Year | 1888 |
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| Value | Log in to see details |
| Currency | Peso moneda nacional (1881-1969) |
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| Obverse description | The obverse is executed in fine intaglio engraving with a classical composition. At left, an oval vignette contains a bust portrait of a young man in early 19th-century attire, framed by elaborate foliate scrollwork; at right, a seated allegorical female figure rests against a large shield with cornucopia motifs. The centre bears the bank title in bold gothic lettering over a promise-to-pay clause in Spanish, with the denomination CIEN PESOS set within a decorative panel, and a large red CANCELLED overprint applied diagonally across the central text area. |
|---|---|
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| Variants | P#S1097a - issued note P#S1097b - variety b P#S1097c - variety c P#S1097d - variety d P#S1097p - proof |
| Comments |
Banco Nacional was a short-lived Colombian institution, its note-issuing authority effectively curtailed by the government's own fiscal mismanagement and the monetary chaos that preceded the Thousand Days War. The 1888 series, printed by ABNC in New York, was part of an aggressive over-issue program that the bank's critics — and eventually its own overseers — recognized as structurally unsustainable. By 1894 the Banco Nacional had been prohibited from further issues following public outcry over currency depreciation.
The PS prefix in Pick's classification places this firmly in the South American private and state bank section, though "nacional" in name belied a privately chartered reality with government entanglement.