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500 Pesos Oro
| Issuer | Banco de la República |
|---|---|
| Year | 1986-1990 |
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| Composition | Cotton paper |
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|---|---|
| Obverse lettering | EL BANCO DE LA REPUBLICA PAGARA AL PORTADOR QUINIENTOS PESOS ORO BOGOTA, 20 DE JULIO DE 1989 COLOMBIA SANTANDER GERENTE ABOGADO SUBGERENTE 500 |
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| Reverse lettering | QUINIENTOS PESOS ORO 500 BANCO DE LA REPUBLICA BOGOTA COLOMBIA CASA DE MONEDA BOGOTA IMPRENTA DE BILLETES – BOGOTA |
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| Comments |
Colombia's central bank has operated its own intaglio printing facility in Bogotá since 1959, one of relatively few Latin American nations to produce its notes entirely in-house during this period rather than contracting out to Thomas De La Rue or the American Bank Note Company. The P#431 series is a product of that facility, pressed entirely on domestic equipment through a production run spanning four issue years.
The "Pesos Oro" denomination label was a technical holdover — Colombian currency had not been tied to a gold standard since the 1930s, but the designation persisted on banknotes until the 1993 redenomination collapsed "Oro" from the official name entirely.