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| 正面描述 | The obverse is divided between a circular vignette at left, enclosing a classical female bust in profile within a guilloche border, and a text panel at right. The denomination DOS PESOS is set in large bold letterpress at centre-right, beneath the bank title EL BANCO NACIONAL DE REPUBLICA DE COLOMBIA and the bearer clause PAGARA AL PORTADOR. The date Bogotá, Octubre 28 de 1899 is inscribed in manuscript below, accompanied by two handwritten signatures of the Vocales del Consejo de Emisión. |
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| 背面描述 | The reverse is dominated by two large interlocking circular guilloche rosettes of fine lathe-work engraving, placed side by side and joined at centre by a small ornamental device. A plain rectangular panel is superimposed at the centre of the composition, bearing a handwritten signature above the printed title CAJERO within a red circular stamp. |
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The Banco Nacional de la República de Colombia had a troubled final decade. Founded in 1881 under Rafael Núñez's economic reforms, the bank held a monopoly on note issue — a politically contentious arrangement that collapsed under the weight of war finance. By 1899, the bank was printing heavily to fund government operations, and the Thousand Days' War, which broke out that same year, accelerated an inflationary spiral that rendered low denominations like this one nearly worthless within a few years.
Printing in Colombia rather than contracting a European security printer was itself a cost-cutting decision, and the domestic production quality reflects that. The bank was formally liquidated in 1904.