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5 Pesos
| Issuer | Banco del Estado |
|---|---|
| Year | 1900 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Salmon-red and dark brown bicolour note with a standing female allegorical figure at left, rendered in intaglio. Central field carries the large serif legend "EL BANCO DEL ESTADO" above "CINCO PESOS" in a framed panel, with "pagara al portador a la vista" below. Three manuscript signatures appear in the lower half; outer guilloche borders carry corner numeral 5 medallions and "REPUBLICA DE COLOMBIA" at top and bottom. |
|---|---|
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| Reverse lettering | REPUBLICA DE COLOMBIA EL BANCO DEL ESTADO DEPARTAMENTO DEL CAUCA POPAYAN OCTUBRE 1° de 1900 El Cajero |
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| Comments |
Banco del Estado was one of several Chilean provincial banks authorized to issue notes under the 1860 Ley de Bancos, which allowed private and state-chartered institutions to circulate paper backed by metallic reserves. By 1900, that framework was already under serious pressure — Chile had suspended specie convertibility in 1878 and never fully restored it, meaning notes like this one circulated in a de facto inconvertible environment despite the legal fiction of backing.
The S-prefix in the Pick reference places this squarely in the specialized category, reflecting its regional rather than national issuance.