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50 Bolivianos Banco Industrial de La Paz
| Issuer | Banco Industrial de La Paz |
|---|---|
| Year | 1900 |
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| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Yes |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 50 LA PAZ, JUNIO 1ᐤ. DE 1900. BOLIVIA EL BANCO INDUSTRIAL DE LA PAZ PAGARÁ Á LA VISTA AL PORTADOR CINCUENTA BOLIVIANOS EN MONEDA CORRIENTE CONTADOR DELEGADO DEL GOBIERNO P.P. DIRECTOR GERENTE American Bank Note Co. New York. (Translation: La Paz, June 1st, 1900. Industrial Bank of La Paz will pay the bearer on sight fifty bolivianos, current currency. Accountant. Government delegate. Managing director.) |
| Reverse description | Blue intaglio print on cream paper with elaborate guilloche surrounds. The central vignette presents the Bolivian coat of arms encircled by the bank's motto legend, set within a dense lathe-work oval. Denomination counters "50" appear in ornate cartouches at left and right, with the imprint of American Bank Note Company at the foot. |
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| Comments |
The Banco Industrial de La Paz was one of several Bolivian provincial banks of issue operating before the 1911 nationalization that consolidated note-issuing authority under the Banco de la Nación Boliviana. American Bank Note Company handled the printing for a number of these institutions simultaneously, which means the engraving quality on this note is considerably higher than its provincial origin might suggest.
By 1900, Bolivia's banking sector was still fragmented across regional institutions with overlapping and sometimes competing circulation zones. Notes from La Paz-based banks circulated most heavily in the altiplano and toward the Chilean border — territory whose economic geography had been dramatically reshaped by the loss of coastal access in the War of the Pacific two decades earlier.