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100 Pesos Banco de la Union
| Issuer | Banco de la Union |
|---|---|
| Year | 1886-1889 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Engraver(s) | Log in to see details |
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| Obverse description | Black intaglio print on orange and blue guilloche underprint. Central upper vignette of a seated allegorical female figure holding a sickle, flanked left and right by female portrait medallions wearing wreaths. Denomination numeral "100" appears at corners. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Brown intaglio print. The Costa Rica national coat of arms is set within a central circular guilloche vignette, surrounded by the bank name legend in an oval frame. Denomination numeral "100" appears in large lathe-work rosette medallions at left and right, all within an elaborate geometric guilloche border. |
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| Comments |
Banco de la Unión was one of several private commercial banks chartered in Colombia during the 1880s under a free-banking regime that permitted note issuance without a central authority. The American Bank Note Company was the prestige choice for Latin American clients in this period — expensive, but the engraved intaglio work was difficult to counterfeit and carried institutional credibility that locally printed notes simply could not.
The bank's charter was short-lived. Colombian banking legislation shifted dramatically in the early 1890s, and most of the private issuing banks were wound down or absorbed before the decade closed. Surviving examples from this series are uncommon precisely because circulation was geographically limited and the redemption window was brief.