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25 Pesos

Issuer El Banco Central
Year 1900
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Printer American Bank Note Company
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Obverse description Black intaglio print on white paper with a central oval vignette of a bearded male portrait, flanked by two allegorical female figures at left and right. The heading reads REPÚBLICA DE COLOMBIA above EL BANCO CENTRAL, with the denomination VEINTICINCO PESOS inscribed below the portrait. Specimen and Muestra overprints appear in red across the face.
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Reverse description Printed in brown intaglio, the reverse centres on a rectangular vignette of a river steamboat moored alongside a timber wharf, set against a wooded hillside. The numeral 25 appears in guilloche cartouches at lower left and right, with ornate lathe-work borders framing the entire composition. The legend EL CAJERO appears below the central vignette and BANCO CENTRAL at the foot.
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Comments

El Banco Central was a short-lived Colombian institution, chartered in 1905 and dissolved not long after — which makes a note dated 1900 from this issuer worth a second look. The bank was granted note-issuing privileges during a period when Colombia's monetary system was still recovering from the chaos of the Thousand Days War, one of the bloodiest civil conflicts in the country's history, which had devastated the national currency and left the public deeply skeptical of paper instruments of any kind.

The American Bank Note Company contract for this series is well documented. Survival rates are low — wartime hoarding followed by a chaotic postwar redemption process accounted for most losses.

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