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5 Centavos overprinted on 100 000 Pesos Bolivianos
| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 1987 |
| Type | Log in to see details |
| Value | 5 Centavos (0.05 BOB) |
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| Obverse description | Printed in red-brown on a pale ground, the obverse carries the heading BANCO CENTRAL DE BOLIVIA at top and a bust-portrait vignette within a circular frame at left, all within a decorative panel inscribed CHEQUE DE GERENCIA. The note cites Decreto Supremo No. 20272 de 5 de Junio de 1984, place and date La Paz, 21 de Diciembre de 1984, and the payable clause PAGUESE AL PORTADOR, with the denomination CIEN MIL PESOS BOLIVIANOS and the numeral Sb. 100.000 below and two manuscript signature lines captioned GERENTE GENERAL and PRESIDENTE. A rectangular red overprint reading CINCO CENTAVOS DE BOLIVIANO is applied vertically at right, with SERIE A and a serial number panel in the upper right corner. |
|---|---|
| Obverse lettering | BANCO CENTRAL DE BOLIVIA SERIE A CHEQUE DE GERENCIA DECRETO SUPREMO NO. 20272 DE 5 DE JUNIO DE 1984 La Paz, 21 de Diciembre de 1984 PAGUESE AL PORTADOR CIEN MIL PESOS BOLIVIANOS Sb. 100.000 GERENTE GENERAL PRESIDENTE CINCO CENTAVOS DE BOLIVIANO |
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| Comments |
Bolivia's inflation in the mid-1980s was among the worst ever recorded — at its peak in 1985, the annual rate exceeded 20,000 percent. The 100,000 Pesos Bolivianos note had become essentially worthless within months of issue. Rather than print an entirely new series, the Banco Central simply overstamped existing stock with the redenominated value in the newly introduced Boliviano, itself pegged at one million old Pesos. The overprint was a stopgap, not a planned issue.
Casa da Moeda do Brasil handled both the original printing and the overprint work — an unusual continuity that kept production offshore during a period when Bolivia's own institutional capacity was severely strained.