Catalog
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| Issuer | Banco Nacional |
|---|---|
| Year | 1899 |
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| Value | Log in to see details |
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| Composition | Cotton paper |
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|---|---|
| Obverse lettering | EL BANCO POPULAR Pagará al portador á la vista CIEN PESOS en moneda corriente BOGOTÁ Á 1 DE ENERO DE 1882 GERENTE PRESIDENTE DEL CONSEJO 100 |
| Reverse description | The reverse is printed in a single orange-brown tone and carries a dense guilloche underprint centred on the denomination numeral '100' within an ornate lathe-work frame. The bank title 'EL BANCO POPULAR' is set across the upper portion of the central panel. A text block at the top of the note states that this bill circulates provisionally as a Banco Nacional note in accordance with a decree of October 1899. Border ornaments of repeating star and geometric motifs frame the entire composition. |
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| Comments |
Banco Nacional was one of several private Colombian banks of issue operating under the banking law of 1880, which granted concessions to issue notes redeemable in specie. By 1899, however, the institution was already under severe pressure — the Thousand Days War broke out that same year, and the inflationary emission policies that followed effectively ended the era of privately issued Colombian banknotes within a few years.
The American Bank Note Company printed this series in New York, as was standard practice for Colombian banks of the period that could afford ABNC's contracts. Whether significant quantities actually circulated before the war disrupted normal commerce is an open question — survivors at any grade are genuinely scarce.