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5 Pesos

Issuer Ministerio del Tesoro, República de Colombia
Year 1904
Type Standard circulation banknote
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Reverse description Printed in deep rose-red on white cotton paper, the reverse centres on an intaglio portrait bust of Camilo Torres in formal early-19th-century attire, set within an ornate oval guilloche frame. The curved legend REPÚBLICA DE COLOMBIA arches above the portrait, with the large numeral 5 repeated at left and right within elaborate lathe-work corner ornaments. The inscription SECRETARIO DE LA JUNTA NACIONAL DE AMORTIZACIÓN appears below the portrait, accompanied by a manuscript signature, with the printer's imprint Waterlow & Sons, Londres, Inglaterra at the foot.
Reverse lettering REPÚBLICA DE COLOMBIA
CAMILO TORRES
CINCO PESOS
5
SECRETARIO DE LA JUNTA NACIONAL DE AMORTIZACIÓN
Waterlow & Sons, Londres, Inglaterra
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Comments

Colombia's Ministerio del Tesoro issued paper currency directly rather than through a central bank during this period — the Banco Nacional had been liquidated in 1894 after a damaging history of forced currency and over-emission, leaving the Treasury to fill the gap. The 1904 date places this note in the immediate aftermath of the Thousand Days War, one of the most destructive civil conflicts in Colombian history, which had ended in late 1902 and left the country's finances in severe disorder.

Waterlow & Sons had handled Colombian government printing work across multiple series; their security printing division was among the most technically capable in London at the time. The cotton substrate was a deliberate choice for durability in tropical circulation conditions.

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