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50 Pesos Oro

Issuer Banco de la República
Year 1926-1928
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Shape Rectangular
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Reverse description The reverse is printed in blue-green and dominated by the large numerals "50" repeated in each corner within ornate guilloche panels. A central circular vignette contains an allegorical female figure representing Liberty, surrounded by the bank name legend. The lower margin carries the denomination in full text, and the imprint of the American Bank Note Company appears at the very bottom.
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Variants P#375a - 01.01.1926
P#375b - 20.07.1928
Comments

Colombia's Banco de la República was only a few years old when this note entered circulation — the central bank had been established in 1923 as part of the Kemmerer Mission reforms, a sweeping financial reorganization pushed through by American economist Edwin Kemmerer. The early series of high-denomination notes was almost inevitably placed with ABNC in New York, the dominant supplier to Latin American central banks throughout the interwar period.

The "Pesos Oro" designation was deliberate policy: it tied the currency explicitly to gold convertibility, a commitment Colombia maintained until the Depression forced its hand in 1931.