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100 Pesos

Issuer República de Colombia
Year 1904
Type Standard circulation banknote
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Reverse description Printed in brown throughout. A central oval vignette presents a panoramic view of the Plaza de Bolívar in Bogotá, framed by elaborate guilloche lacework and scrollwork borders with the denomination numeral 100 repeated in each corner. The issuer's name arcs around the upper border, and the imprint of Waterlow & Sons, Londres, Inglaterra appears at the foot of the note.
Reverse lettering REPÚBLICA DE COLOMBIA
PLAZA DE BOLÍVAR
SECRETARIO DE LA JUNTA NACIONAL DE AMORTIZACIÓN
Waterlow & Sons L.os Londres, Inglaterra
(Translation: Republic of Colombia
Plaza de Bolívar
Secretary of the National Amortization Board
Waterlow & Sons Ltd., London, England)
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Comments

Colombia's early Republican-era notes were plagued by the aftermath of the Thousand Days War (1899–1902), which had left the country's finances in ruins and its monetary system flooded with depreciated paper. This 100 Pesos issue came at a moment when the government was attempting to reassert some semblance of fiscal credibility, though hyperinflation had so eroded public trust that paper currency remained deeply unpopular in many regions.

Waterlow & Sons handled a significant portion of Latin American government printing during this period, and their Colombian commissions were among the more politically sensitive — the same presses that produced stable British colonial notes were simultaneously turning out currency for a republic still struggling to stabilize its exchange rate against gold.

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