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20 Pesos
| Issuer | Banco Hipotecario del Pacífico, Cali |
|---|---|
| Year | 1905 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO HIPOTECARIO DEL PACIFICO CALI — COLOMBIA PAGARA AL PORTADOR VEINTE PESOS 20 SERIE A S$0.40 PRESIDENTE GERENTE CAJERO AMERICAN BANK NOTE COMPANY |
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| Reverse lettering | BANCO HIPOTECARIO DEL PACIFICO EL CAPITAL E INTERESES DE ESTA CÉDULA ESTÁN GARANTIZADOS POR LOS CRÉDITOS ACTIVOS DE LA SECCIÓN HIPOTECARIA Y POR EL CAPITAL DEL BANCO LOS INTERESES SE PAGARÁN AL PORTADOR POR ANUALIDADES EL 30 DE JUNIO ESTA CÉDULA ES AMORTIZABLE POR SORTEOS EN EL CURSO DE 10 AÑOS SECCIÓN HIPOTECARIA ESTABLECIDA SEGÚN LEY 24 DE 1905 VEINTE PESOS AMERICAN BANK NOTE COMPANY |
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| Comments |
Banco Hipotecario del Pacífico was one of several regional mortgage banks chartered in Colombia during the brief window of relative monetary stability following the Thousand Days War (1899–1902), a conflict that had devastated the country's finances and left the peso in near-total collapse. By 1905, Bogotá was beginning to claw back some regulatory control over note issuance, which meant banks like this one had a narrow operating life ahead of them.
ABNC's involvement was typical for Colombian regional banks of the period — domestic printing capacity simply couldn't meet the security requirements creditors and depositors demanded after years of worthless wartime paper. The plates were made in New York regardless of where the issuing bank sat.