Catalog
2 Pesos
| Issuer | Banco Dugand |
|---|---|
| Year | 1919 |
| Type | Log in to see details |
| Value | 2 Pesos |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain white paper reverse printed in black letterpress with six numbered conditions (Condiciones) governing the mortgage bond, set within a fine rectangular border. Below the conditions text, a ruled table of interest payment entries reads SE PAGARON INTERESES HASTA EL 31 DE DICIEMBRE / 30 DE JUNIO DE 19— repeated across multiple lines, left blank for date completion. |
| Reverse lettering | Condiciones: 1° El capital del Banco y los créditos activos de su Sección Hipotecaria garantizan el pago del principal y de los intereses de sus Cédulas. 2° Las Cédulas se amortizarán a la par por medio de sorteos. 3° Los intereses se pagarán al portador en las oficinas del Banco, mediante presentación de las Cédulas al Cajero, quien hará la anotación del caso al pie. 4° El pago se hará al poseedor de los respectivos Cédulas y no se admitirá oposición de terceros. 5° No es responsable el Banco del valor de las Cédulas que por cualquier motivo desaparezcan de la circulación. 6° La propiedad de las Cédulas se transmite por la simple tradición. SE PAGARON INTERESES HASTA EL 31 DE DICIEMBRE DE 19 SE PAGARON INTERESES HASTA EL 30 DE JUNIO DE 19 |
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| Comments |
Banco Dugand was a short-lived Colombian private bank headquartered in Barranquilla, operating during a period when regional commercial banks still retained the right to issue their own circulating notes. The American Bank Note Company supplied a considerable share of Latin American private bank paper during this period, and Dugand's notes follow that production pattern — competent intaglio work from a printer that was essentially running a regional monopoly on prestige banknote production west of the Atlantic.
The bank collapsed in the early 1920s, which explains the narrow issuance window and the relative scarcity of surviving examples across the Dugand series.