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2 Pesos Oro Legal

Issuer Banco de Caldas
Year 1919
Type Standard circulation banknote
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Obverse description The obverse is printed in dark grey and black tones on a light ground, with a guilloche underprint across the central field. At left, an intaglio vignette presents a bust portrait of a gentleman in early 19th-century attire. The central panel carries a large ornate cartouche with the denomination DOS PESOS ORO LEGAL in bold letterpress, surrounded by scrollwork borders. The bank title EL BANCO DE CALDAS appears across the upper register, with the numeral 2 repeated in each lower corner and the imprint of the American Bank Note Company at the foot.
Obverse lettering EL BANCO DE CALDAS
SECCIÓN HIPOTECARIA ESTABLECIDA EN VIRTUD DE CONTRATO CON EL GOBIERNO DE LA REPÚBLICA DE COLOMBIA DE ACUERDO CON LA LEY 24 DE 1905
PAGARÁ AL PORTADOR, EN LAS CONDICIONES INDICADAS AL RESPALDO, LA CANTIDAD DE DOS PESOS ORO LEGAL AL INTERÉS DEL CUATRO POR CIENTO ANUAL. LOS INTERESES SE PAGARÁN EL 31 DE JULIO DE CADA AÑO.
EL CAPITAL SE PAGARÁ EL DÍA DE DE 19
MANIZALES (COLOMBIA) DE DE 191
EL GERENTE EL SECRETARIO
AMERICAN BANK NOTE COMPANY
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Comments

Banco de Caldas was a regional departmental bank operating out of Manizales, and by 1919 its days were numbered. Colombia's 1923 Kemmerer Mission reforms — which restructured the entire banking system and established the Banco de la República — effectively ended the era of departmental and private note-issuing banks. Notes from Caldas printed in this final period saw limited issue windows before redemption obligations began.

The American Bank Note Company contract for this series was typical of Colombian regional banks seeking prestige printing at a time when domestic security printing infrastructure barely existed. ABNC's Colombian departmental work from this period is well documented, though print run figures for Caldas specifically have not surfaced in published records.

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