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5 Pesos

Issuer Banco de Medellín
Year 1899
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Shape Rectangular
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Obverse lettering CINCO PESOS
Cinco Pesos
LIBRANZA N°
SERIE C. L°
DEL CONTRATO CON EL GOBIERNO NACIONAL
BANCO DE MEDELLÍN
CINCO PESOS
5
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Reverse lettering CINCO PESOS
5
Aceptada
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Comments

Banco de Medellín was one of several private Colombian banks authorized to issue currency under the banking law of 1880, which permitted departmental banks to circulate notes freely — a system that lasted until the government moved to consolidate monetary control in the early twentieth century. The 1899 date places this note squarely within the Thousand Days War, the devastating civil conflict between Liberal and Conservative factions that ran from 1899 to 1902 and severely disrupted banking operations across Antioquia.

Private bank issues from this period are genuinely scarce; many Colombian departmental banks collapsed or ceased operations during the war, and surviving note stocks were not preserved systematically.

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