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15 Pesos Oro Legal
| Issuer | Crédito Caucano, Popayán |
|---|---|
| Year | 1922 |
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| Currency | Peso (1907-1931) |
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| Obverse description | Black intaglio print on white paper. At left, a classical female bust vignette in profile facing right, rendered in fine engraved style. The upper portion carries the title CÉDULA HIPOTECARIA and the issuer name CRÉDITO CAUCANO in bold serif lettering, with the denomination numeral 15 repeated at each corner. A central text block in letterpress details the mortgage contract terms, below which the denomination QUINCE PESOS / ORO LEGAL appears within a decorative panel. The lower margin bears the imprint of the American Bank Note Company, with signature lines for El Presidente de la Junta Directiva, El Gerente, and El Secretario, alongside the Serie and serial number fields. |
|---|---|
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| Reverse lettering | CONDICIONES 1a. EL CAPITAL Y LOS INTERESES DE ESTA CÉDULA ESTÁN GARANTIZADOS POR LOS CRÉDITOS ACTIVOS DE LA SECCIÓN HIPOTECARIA Y POR EL CAPITAL DEL BANCO. 2a. EL CAPITAL DE ESTA CÉDULA SE PAGARÁ EL DÍA SIENDO AMORTIZABLES LAS CÉDULAS ANTES DE SU VENCIMIENTO POR SORTEOS ANUALES. 3a. LOS INTERESES SE PAGARÁN AL PORTADOR Y SERÁN EXIGIBLES EL 31 DE ENERO DE CADA AÑO. SECCIÓN HIPOTECARIA CRÉDITO CAUCANO SOCIEDAD ANÓNIMA BANCARIA CIUDAD DE POPAYÁN AMERICAN BANK NOTE COMPANY |
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| Comments |
Crédito Caucano was one of Colombia's last surviving regional private banks still issuing paper money in the early 1920s, operating out of Popayán at a time when the country was steadily consolidating note-issuing authority ahead of the Banco de la República's founding in 1923. This note dates from the final window of that private banking era.
The American Bank Note Company printed the series in New York. The 15-peso denomination is the oddity here — an unusual unit that suggests this was tailored to specific regional commercial needs rather than general retail circulation, possibly tied to commodity pricing in Cauca's agricultural trade.