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2 1/2 Pesos Overprint

Issuer Banco de la República
Year 1923
Type Standard circulation banknote
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Obverse lettering Casa de Moneda de Medellin
Dos Pesos Cincuenta Centavos
Medellin a Primero de Mayo de 1920
El Tesorero
El Secretario de la Comision de Oro
El Administrador de la Casa de Moneda
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Reverse lettering Republica de Colombia
Departamento de Antioquia
Banco de la Republica
Billete Provisional
(Translation: Bank of the Republic Provisional Note)
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Comments

The Banco de la República was established by Colombian law in 1923 as part of the Kemmerer Mission reforms — a sweeping monetary reorganization led by Princeton economist Edwin Kemmerer that dismantled the old Junta de Emisión system and centralized note issuance for the first time in the country's modern history. This note falls directly at that transitional moment.

The overprint designation is the key detail here. ABNC plates from predecessor institutions were adapted rather than replaced outright, with overprinting used to bring existing stock into conformity with the new bank's authority — a practical economy that creates attribution complexity for collectors today.

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