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5 Pesos
| Issuer | Banco Hipotecario del Pacífico, Cali |
|---|---|
| Year | 1905 |
| Type | Log in to see details |
| Value | 5 Pesos |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO HIPOTECARIO DEL PACÍFICO CALI-COLOMBIA PAGARÁ AL PORTADOR SERIE A. CINCO PESOS PRESIDENTE GERENTE CAJERO AMERICAN BANK NOTE COMPANY |
| Reverse description | Printed entirely in orange-red on white cotton paper, the reverse carries the bank name BANCO HIPOTECARIO DEL PACÍFICO at the top, flanked by numeral 5 vignettes within oval guilloche frames. Three rectangular text panels contain mortgage guarantee and amortization clauses in Spanish, separated by ornamental borders. The imprint SECCIÓN HIPOTECARIA / ESTABLECIDA SEGÚN LEY 24 DE 1905 and the printer's imprint AMERICAN BANK NOTE COMPANY appear at the foot. |
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| Comments |
The Banco Hipotecario del Pacífico was one of several regional Colombian private banks operating under the 1880s banking liberalization, issuing mortgage-backed paper rather than commercial deposits. By 1905, that system was already collapsing — the Thousand Days War (1899–1902) had devastated private banking across Colombia, and the government was moving toward the centralized Banco Central that would eventually absorb or displace institutions like this one. A note dated 1905 from this bank is likely a late survivor of a series with very limited remaining useful life.
ABNC's involvement is unsurprising; the company held a near-monopoly on Colombian provincial bank printing in this period.