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20 Pesos Oro
| Issuer | Banco de la República |
|---|---|
| Year | 1927 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | The centre of the reverse is occupied by a finely engraved intaglio vignette of the Banco de la República branch building in Barranquilla, framed within elaborate guilloche borders; a large circular guilloche rosette fills the left panel, while the denomination '20 / VEINTE PESOS ORO' is enclosed within an ornate cartouche to the right. The issuing authority title appears above the building vignette and 'BOGOTA, COLOMBIA' below it, with a cashier signature line at bottom centre. |
| Reverse lettering | BANCO DE LA REPUBLICA EDIFICIO DEL BANCO DE LA REPUBLICA EN BARRANQUILLA BOGOTA, COLOMBIA VEINTE PESOS ORO EL CAJERO (Translation: Bank of the Republic / Building of the Bank of the Republic in Barranquilla / Bogota, Colombia / Twenty Pesos Oro / The Cashier) |
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| Comments |
Colombia's Banco de la República was only five years old when this note was issued — established in 1923 under the recommendations of the Kemmerer Mission, an American economic advisory team brought in to modernize the country's monetary framework after decades of catastrophic inflationary episodes tied to earlier state-issued paper. The choice of Thomas De La Rue for printing reflected a deliberate policy of anchoring credibility through association with a printer whose name carried weight in international financial circles.
The "Oro" designation was not decorative — it signified convertibility into gold at a fixed rate, a commitment the bank maintained until the Depression-era pressures of the early 1930s forced suspension of the gold standard across most of Latin America.