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| 正面描述 | Central vignette of Mercury seated, rendered in intaglio, flanked by two large guilloche medallions bearing the numeral 20 against an intricate lathe-work underprint. The bank title 'EL BANCO DE LA NACION BOLIVIANA' arcs across the top in bold letterpress, with 'LA PAZ' and the date '11 de Mayo de 1911' inscribed in the upper corners. Serial number and series letter appear at left and right, with three manuscript signatures of bank officials along the lower margin. |
|---|---|
| 正面铭文 | El Banco de la Nacion Boliviana Pagará al portador á la vista La Paz, 11 de Mayo de 1911 20 Veinte Bolivianos En moneda corriente (Translation: The Bank of the Bolivian Nation Will pay the bearer on demand La Paz, 11th of May of 1911 20 Twenty Bolivianos In legal tender) |
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The Banco de la Nación Boliviana was established in 1911 as a state-backed institution intended to consolidate Bolivia's fragmented private banking sector, and this note is among the earliest issues under its authority. ABNC's involvement was typical for South American government banks of the period — New York engraving carried institutional credibility that domestic printing could not yet supply.
The P#109B designation indicates a signature variety within the 1911 series, suggesting multiple signatories were in use across a relatively short window of issue before the bank's eventual reorganization into the Banco Central de Bolivia in 1928.