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5 Bolivianos

Issuer Banco Francisco Argandoña
Year 1907
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Currency First boliviano (1864-1963)
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Reverse description Printed in blue, the centre vignette presents a detailed intaglio rendering of an institutional building set within a landscaped grounds. The composition is framed by ornate guilloche rosettes at left and right, with decorative pillar motifs at the corners. Bank name appears in a curved banner at top and country name at bottom.
Reverse lettering FRANCISCO ARGANDOÑA
BOLIVIA
Bradbury Wilkinson y Co Grabadores Londres
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Comments

Banco Francisco Argandoña was one of Bolivia's private provincial banks operating under the 1890 banking law, which permitted regional institutions to issue their own notes — an arrangement that produced a chaotic plurality of competing currencies before the Bolivian government moved to consolidate note issue in the early twentieth century. This note dates from almost exactly that transition point, just ahead of the 1911 reforms that progressively stripped private banks of their issuing privileges.

Bradbury Wilkinson's involvement is characteristic of the period: Bolivian banks, lacking domestic intaglio capacity, routinely commissioned London security printers for prestige and forgery resistance. The S-prefix Pick designation confirms this is a private bank issue, now considerably scarcer than contemporaneous state paper from the Banco de la Nación Boliviana.

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