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1 Boliviano

Issuer Banco Central de Bolivia
Year 1929
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Size 142 × 67 mm
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Obverse description Central vignette of Mercury seated, holding a caduceus, with an industrial landscape in the background, framed by guilloche borders and numeral "1" counters in each corner. The note is a reissue of the Banco de la Nación Boliviana original, bearing a bold blue overprint reading "BANCO CENTRAL DE BOLIVIA" across the centre. Date "11 de Mayo de 1911" and place "La Paz" appear in the upper field, with serial number and series designation flanking the central design.
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Reverse description Bolivian national coat of arms centrally placed within an intricate guilloche underprint, with the denomination numeral "1" repeated on either side of the arms and in each corner of the note.
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Comments

The Banco Central de Bolivia was itself only established in 1928, making this 1929 note among the earliest issues from the institution. Bolivia had cycled through several failed or short-lived banks of issue in the preceding decades, and the creation of a genuine central bank — partly shaped by American financial adviser Edwin Kemmerer's 1927 mission to the country — was a deliberate structural reform tied directly to stabilizing the boliviano after years of monetary disorder.

ABNC's involvement here was no accident; Kemmerer's missions consistently steered Latin American governments toward U.S. security printers.

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