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5 Pesos Oro Acuñado

Issuer Casa de Moneda de Medellín
Year 1919
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Shape Rectangular
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Obverse lettering CERTIFICADOS SOBRE CONSIGNACION DE ORO EN LA
CASA DE MONEDA DE MEDELLÍN
CINCO PESOS
ORO ACUÑADO
MEDELLÍN A QUINCE DE SEPTIEMBRE DE 1919
EL TESORERO
EL SECRETARIO DE HACIENDA
EL ADMINISTRADOR DE LA CASA DE MONEDA
AMERICAN BANK NOTE COMPANY
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Reverse lettering REPÚBLICA DE COLOMBIA
DEPARTAMENTO DE ANTIOQUIA
AMERICAN BANK NOTE COMPANY
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Comments

The Casa de Moneda de Medellín was an unusual issuer in the Colombian monetary structure — a mint, not a bank, authorized to emit paper currency. This note dates from a period when Colombia was still rebuilding confidence in paper following the catastrophic depreciation of the peso papel moneda, which had driven the country to officially adopt the gold standard peso (peso oro acuñado) under the monetary reform of 1903. The denomination name itself is a direct political statement about backing.

American Bank Note Company produced the plates in New York, a standard arrangement for Colombian fiscal paper of the period. ABNC's work for Latin American issuers during this era was commercially routine on their end, whatever the political weight on the receiving side.

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