Catalog
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| Issuer | Banco Industrial, Cartagena |
|---|---|
| Year | 1905 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1837-1907) |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO INDUSTRIAL CARTAGENA-COLOMBIA PAGARÁ AL PORTADOR CINCO PESOS ORO LEGAL SÉRIE B Nº 000000 ANUALIDADES DE INTERESES PAGADOS AMERICAN BANK NOTE COMPANY |
| Reverse description | Log in to see details |
| Reverse lettering | CONTRATO CELEBRADO ENTRE EL GOBIERNO NACIONAL Y EL BANCO INDUSTRIAL EL 18 DE MAYO DE 1918 CLÁUSULA 3A LEY 24 DE 1905 (17 DE ABRIL) ART. 1º GANA INTERÉS DE CUATRO POR CIENTO (4%) ANUAL, PAGADERO EL DÍA 30 DE NOVIEMBRE DE CADA AÑO. ESTA CÉDULA ES AMORTIZABLE POR SORTEOS ANUALES EN EL CURSO DE DIEZ (10) AÑOS. |
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| Comments |
Banco Industrial was one of several short-lived regional banks that operated in Colombia during the brief window of private banking before the government moved to consolidate monetary authority in the early twentieth century. The Cartagena charter placed it firmly in the commercial orbit of the Caribbean coast rather than the Bogotá financial establishment — a distinction that mattered politically and commercially at the time.
ABNC's involvement is unsurprising; they held engraving contracts with most Latin American issuers of the period. The S-prefix in the Pick reference reflects its status as a private or provisional issue, and surviving examples from Banco Industrial are genuinely scarce — the bank's operational life was short and redemption records are incomplete.