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5 Pesos

Issuer Banco Industrial, Cartagena
Year 1905
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Currency Peso (1837-1907)
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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
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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.

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