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20 Pesos

Issuer Banco Nacional de la República de Colombia
Year 1900
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Reference(s) P#276, Hernández#774
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Obverse lettering EL BANCO NACIONAL DE
LA REPUBLICA DE COLOMBIA
PAGARÁ AL PORTADOR
Á LA VISTA
VEINTE PESOS
EN MONEDA CORRIENTE
BOGOTÁ, 30 DE SEPTIEMBRE DE 1900.
(Translation: The National Bank of Republic of Colombia
Pay to bearer at sight
Twenty Pesos
In currency
Bogota, September 30, 1900.)
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Reverse lettering VEINTE
20
EL BANCO NACIONAL
DE LA REPÚBLICA DE COLOMBIA
(Translation: The National Bank of Republic of Colombia
Twenty Pesos)
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Comments

The Banco Nacional de la República de Colombia had a troubled final chapter. The bank was liquidated by government decree in 1894 following years of accusations of over-issuance and political manipulation of the money supply, yet notes continued to circulate and be honored well into the following decade — which explains how a bank formally abolished six years earlier was still producing dated obligations in 1900.

Printing by the Litografía Nacional in Bogotá rather than a European security printer was a deliberate cost-cutting measure during a period of severe fiscal strain, one that contributed to the variable print quality seen across surviving examples of this series.