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5 Pesos Banco de Santander

Issuer Banco de Santander
Year 1873-1900
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Reference(s) P#S832
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Obverse lettering 5 Banco De Santander 5 El Banco de Santander pagará al portador á la vista en su oficina, la suma de CINCO PESOS en moneda de Oro de 0,900, ó de oro ó plata equivalentes á esta, con el premio ó descuento corriente en la plaza Bucaramanga, 1º de Junio de 1873 CINCO PESOS
(Translation: 5 Bank of Santander 5 The Bank of Santander will pay to the bearer at sight at their office, the amount of Five Pesos in 0.900 gold currency, or equivalent gold or silver, with the premium or discount current on the market. Bucaramanga, June 1st, 1873 Five Pesos)
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Reverse lettering 5 5 Expedido conforme al Decreto del Go- bierno Provisional, N.o 6, de 6 de Enero de 1900. Los Miembros de la Junta de Emisión
(Translation: 5 5 (overprint) Issued in conformity with Provisional Government Decree No. 6, of January 6th, 1900. The Members of the Issuing Board.)
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Comments

Banco de Santander was one of dozens of regional Spanish banks authorized to issue their own notes under the 1856 banking law — a period of genuinely fragmented currency in which a traveler crossing provinces might encounter entirely unfamiliar paper. The bank's concession was geographically limited to the Cantabrian region, meaning these notes had little practical reach beyond the local commercial economy.

Perkins, Bacon & Petch had built their reputation on intaglio security printing, originally for postage stamps, and their Spanish provincial bank commissions were technically accomplished work. The long issue window — nearly three decades — likely means the same plate served repeated printings with only date or signature changes distinguishing individual examples.

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