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50 Pesos

Issuer Banco Unión
Year 1899
Type Standard circulation banknote
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Obverse lettering EL BANCO UNION
Cartagena,
CINCUENTA
Pagará al portador
a la vista
en su oficina la suma de
50
Cincuenta Pesos
en moneda legal corriente
No.
EL 1er. DIRECTOR
EL DIRECTOR GERENTE
EL 2do. DIRECTOR
American Bank Note Co. New York
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Reverse lettering CINCUENTA
ESTE BILLETE CIRCULA PROVISIONALMENTE COMO BILLETE DEL BANCO NACIONAL DE ACUERDO CON DECRETO NUMERO 512 DEL 30 DE OCTUBRE DE 1899
BOGOTA, OCTUBRE 30 DE 1899
RAFAEL ORTIZ
MINISTRO DEL TESORO
MIEMBROS DE LA JUNTA DE EMISIÓN
CINCUENTA
50
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Comments

Banco Unión was a Colombian regional bank operating under the 1880s free banking legislation that briefly allowed private institutions to issue their own currency. By 1899, that system was already under pressure — the Thousand Days War broke out that same year, and the fiscal chaos that followed accelerated the eventual nationalization of note-issuing rights under the Banco de la República in 1923.

ABNC handled a substantial portion of Latin American private bank printing in this period, and their Colombian contracts were numerous enough that the plates for many regional issuers share compositional elements. Whether this specific note circulated before the war's disruptions curtailed Banco Unión's operations is an open question; surviving examples are uncommon.

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