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| 背面描述 | Printed in golden-brown on white paper entirely in lathe-work guilloche. A large central oval cartouche carries the three-line inscription; flanking ovals at left and right each bear the numeral "20". The whole composition is enclosed within an elaborate scalloped border of interlocking engine-turned rosettes and geometric latticework. |
| 背面铭文 | BANCO NACIONAL DE BOLIVIA 20 American Bank Note Co. New York |
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Banco Nacional de Bolivia operated as a regional issuer, and its Cobija branch — serving the then-Bolivian coastal province of Atacama — occupied an economically strategic position tied to nitrate and guano extraction. That territory was lost to Chile in the War of the Pacific, which began in 1879, making notes issued from Cobija before that date relics of a jurisdiction that effectively ceased to exist.
The American Bank Note Company printed the S187 series, as it did for much of South America during this period. Surviving examples from the Cobija branch are genuinely uncommon — the branch had a short operational window, and the political rupture of 1879 would have disrupted any orderly note retirement.