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20 Pesos

Issuer Banco de la República de Colombia
Year 1989-2003
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Weight 3.6 g
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Obverse lettering REPUBLICA DE COLOMBIA
1994
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Reverse lettering 20 PESOS
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Additional information

Colombia's Banco de la República underwent a significant institutional restructuring in 1991 when a new constitution stripped it of its role as a government lender, converting it into an independent central bank with an explicit inflation mandate. The 20 Pesos denomination was already mid-run when this happened, continuing largely unchanged through the transition. The KM#282.1 and 282.2 varieties reflect die or mint contractor changes rather than any policy shift — a mundane production detail that nonetheless fragments the type for variety collectors.

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