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500 Pesos Oro
| Issuer | Banco de la República |
|---|---|
| Year | 1923 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Central vignette of a standing Liberty figure within a circular guilloche medallion at centre, surrounded by elaborate green lathe-work and scrollwork panels that extend to all four corners. The denomination numeral 500 appears in large figures at both left and right, framed by ornamental borders. A circular legend band reads Banco de la Republica Bogota Colombia around the central medallion, with the denomination inscription in a panel along the lower margin and the printer's imprint at the bottom edge. |
| Reverse lettering | Banco de la Republica Bogota Colombia Quinientos Pesos Oro (Translation: Bank of the Republic Bogota Colombia Five Hundred Pesos Oro) |
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| Comments |
The Banco de la República was established in July 1923, making this 500 Pesos Oro among the earliest notes issued by Colombia's newly created central bank. The republic had endured decades of monetary chaos under a fragmented system of private and departmental banks — the 1923 reform, guided in large part by the Kemmerer Mission, a U.S. financial advisory team, consolidated that mess into a single note-issuing authority.
The American Bank Note Company contract was a deliberate choice for credibility. At that denomination, counterfeiting risk was serious, and ABNC's intaglio work was considered among the hardest to replicate in Latin America at the time.