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5 Pesos

Issuer Banco de Medellín
Year 1899
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Value 5 Pesos
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Obverse description The obverse is printed in dark brown on pale paper, with the denomination CINCO PESOS repeated in the margins on all four sides. A vignette at the left depicts a seated allegorical female figure. The centre bears the bank name BANCO DE MEDELLÍN in a large overprint, above a promise-to-pay text and handwritten date, with LIBRANZA N° and SERIE C. L° printed above the main legend DEL CONTRATO CON EL GOBIERNO NACIONAL.
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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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