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5 Pesos Moneda Boliviano

Issuer Banco J. Benites é Hijo
Year 1867
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Reference(s) P#S1557
Obverse description The obverse is printed in black and red on white cotton paper. Two large red guilloche numeral «5» medallions flank a central vignette of agricultural laborers in a field landscape. A portrait vignette of a man in formal attire occupies the lower left, while a seated allegorical female figure appears at the lower right. The bank name «BANCO J. BENITES é HIJO» is inscribed in bold letterpress across the center, with the denomination and promise-to-pay text in Spanish below, along with manuscript date and two manuscript signatures.
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Reverse description The reverse is printed in orange-brown on plain paper, with an overall ornate guilloche lathe-work border pattern. A central cartouche with elaborate scrollwork bears the text «EL BANCO J. BENITES E HIJO» in three lines, flanked on each side by large circular guilloche rosettes enclosing the numeral «5».
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Comments

Banco J. Benites é Hijo was a private commercial bank operating in Bolivia during the brief window before the state moved to consolidate note-issuing authority. The American Bank Note Company contract for this series placed production firmly in New York, which was standard practice for South American private banks seeking engraved security printing beyond what local facilities could provide in the 1860s.

PS#1557 is among the scarcer private Bolivian issues of the period. Whether significant quantities actually circulated or were retained as backing instruments is not well documented — Bolivian private bank records from this era are fragmentary at best.

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