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2½ Pesos Oro Acuñado
| Issuer | Casa de Moneda de Medellín |
|---|---|
| Year | 1919 |
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| Shape | Rectangular |
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|---|---|
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| Reverse description | The reverse is printed in green on a lightly ornamented background, with the headings 'REPÚBLICA DE COLOMBIA' and 'DEPARTAMENTO DE ANTIOQUIA' at the top in bold serif lettering. The large numeral '2½' appears in guilloche panels on both left and right flanks, while the central field is occupied by an extensive block of legal text setting out the redemption conditions under the relevant decree. A small circular vignette bearing an arms-type device is placed at the lower centre, and the printer's imprint 'AMERICAN BANK NOTE COMPANY' runs along the bottom margin. |
| Reverse lettering | REPÚBLICA DE COLOMBIA DEPARTAMENTO DE ANTIOQUIA AMERICAN BANK NOTE COMPANY |
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| Comments |
The Casa de Moneda de Medellín was a regional mint, not a central bank, and its decision to issue paper currency denominated in pesos oro acuñado — coined gold pesos — reflects the fractured monetary infrastructure of early twentieth-century Colombia, where regional and departmental institutions occasionally stepped in to cover local liquidity shortfalls. The denomination itself was a direct peg to gold coin, an attempt to anchor public confidence in paper during a period when Colombia's monetary credibility was still recovering from the catastrophic paper inflation of the Thousand Days War.
ABNC's involvement is unsurprising — they held most of the Latin American security printing market at this time — but the combination of a mint issuing fiduciary notes rather than striking coin is genuinely unusual.