Catalog
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| Issuer | Banco Nacional de la República de Colombia |
|---|---|
| Year | 1886 |
| Type | Standard circulation banknote |
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| Obverse description | Central vignette of a seated allegorical female figure, rendered in fine intaglio engraving, flanked on the left by an ornate shield vignette and on the right by a large numeral "V" within a guilloche frame. The denomination "CINCO PESOS" is inscribed across the lower portion, with the bank title "EL BANCO NACIONAL DE LA REPÚBLICA DE COLOMBIA" arching across the top. The date "BOGOTÁ 1° DE SEPTIEMBRE DE 1886" appears in the lower field alongside two manuscript signature lines for bank officials. |
|---|---|
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| Reverse lettering | CINCO PESOS V The American Bank Note Co. New York |
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| Comments |
The Banco Nacional de la República de Colombia was a state-owned institution created in 1880 under President Rafael Núñez specifically to displace the existing private banks and centralize currency issuance — a move that was politically contentious from the start. Private banks had been issuing their own notes under the free banking era of the 1870s, and the Nacional's notes were initially resisted. By 1886, the bank was operating under Núñez's second presidency and his Regeneración program, which consolidated federal authority at the expense of the old liberal federalist system.
ABNC produced the series from its New York facilities. The Colombian government's relationship with American Bank Note Company ran across multiple decades and denominations, making plate reuse and design borrowing between issues a known complication for catalogers.