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1 Peso = 1 Dollar

Issuer Banco de la República de Colombia, Bogotá
Year
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Value 1 Peso = 1 Dollar
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Obverse description The obverse is printed in steel-blue intaglio on white cotton paper, with the bank title 'El Banco de la República' in ornate Gothic lettering across the top, above 'BOGOTA' and 'ESTADOS UNIDOS DE COLOMBIA'. A central vignette presents a pastoral mountain landscape with a steam locomotive crossing a stone bridge, cattle being driven along a road in the foreground, and Andean peaks in the background. The denomination 'UN PESO' appears vertically at left and 'ONE DOLLAR' vertically at right, with bilingual promise-to-pay text flanking the vignette, and a guilloche underprint throughout.
Obverse lettering EL BANCO DE LA REPÚBLICA
BOGOTÁ
ESTADOS UNIDOS DE COLOMBIA
UN PESO
ONE DOLLAR
Pagará al portador a la vista Un Peso en monedas legales de oro ó plata
Will pay the bearer on demand One Dollar in legal money gold or silver
CAJERO
PRESIDENTE
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Comments

The Homer Lee Bank Note Company was a short-lived New York printer that operated in the late nineteenth and very early twentieth century before being absorbed into larger competitors. Its work for Colombian regional and national issuers falls into a narrow window, which helps date notes bearing its imprint even when other documentation is thin.

The dual peso/dollar denomination reflects Colombia's commercial reality at the time — trade settlements with American interests required a direct peg, and stating equivalence on the face of the note was a practical convenience for port and export transactions rather than a constitutional monetary declaration.

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