Catalog
20 Pesos Banco del Norte
| Issuer | Banco del Norte |
|---|---|
| Year | 1882 |
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| Size | 140 x 70 mm |
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| Obverse lettering | 20 SERIE D. Nº 01,840 Socorro, enero 1º de 1882. EL BANCO DEL NORTE pagará al portador á la vista VEINTE PESOS EL 2º DIRECTOR EL DIRECTOR GERENTE EL 3ER. DIRECTOR HORAS DE DESPACHO DE LAS 10 DE LA MAÑANA A LAS 3 DE LA TARDE DE CADA DIA NO FERIADO ESTABLECIDO POR ESCRITURA DE 25 DE SETIEMBRE DE 1881. Nº 330 ANTE EL NOTARIO DEL CIRCUITO DEL SOCORRO LIT. DE D. PAREDES, BOGOTÁ. (Translation: Bank of the North Socorro, January 1st., 1882 The Bank of the North will pay to bearer at sight twenty Pesos The 2nd. Director, the Manager Director, the 3rd. Director Dispatch hours: from 10 AM to 3 PM on every non-holiday day. Established by deed of September 25th., 1881, # 330 by the Socorro circuit notary. Lithography of D. Paredes, Bogotá.) |
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| Reverse lettering | BANCO del NORTE 20 EL CAJERO LIT. D. PAREDES, BOGOTÁ. (Translation: Bank of the North 20 The Cashier Lithography D. Paredes, Bogotá.) |
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| Comments |
Banco del Norte was one of several Colombian private banks chartered under the 1865 banking law, operating primarily in the northeastern departments. By 1882, the Colombian free-banking period was already under strain — most of these regional institutions were issuing notes well beyond their metallic reserves, a practice the government had neither the will nor the apparatus to police effectively.
Printing by Litografía D. Paredes in Bogotá kept production local and costs low, but also meant security features were minimal by contemporary international standards. The Banco del Norte itself did not survive the monetary centralization that followed the 1886 Regeneration constitution, which set Colombia on the path toward a single state-controlled issuing authority.