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2 Pesos

Issuer Banco Nacional de Santo Domingo
Year 1889
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Currency Peso (1844-1947)
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Obverse description The obverse is printed in black on white paper. At upper left, the coat of arms of the Dominican Republic appears within an oval frame, accompanied by the bank title 'EL BANCO NACIONAL DE SANTO DOMINGO' across the top. A female allegorical vignette occupies the right side. The denomination 'DOS PESOS' is set in bold letterpress at centre, with a text block below stating the legal authority granted by the Dominican government's concession of July 1889, ratified by Congress on 14 August 1889, along with three signature lines for El Inspector del Gobierno, El Cajero Principal, and El Director, and a serial number at lower right.
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Reverse lettering BANCO NACIONAL
DE SANTO DOMINGO
DOS
DOS PESOS
DOS PESOS
2
2
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Comments

The Banco Nacional de Santo Domingo was a short-lived institution, chartered in 1889 under a controversial concession granted to a group of foreign investors — its notes circulated only briefly before the bank collapsed amid accusations of fraud and currency manipulation that destabilized the Dominican Republic's already fragile monetary system.

Pick 142 is among the rarer survivals from that episode. The bank's failure was swift enough that significant quantities of its notes were never redeemed, leaving a small number in private hands rather than destroyed through official recall.

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