1 Peso = 1 Dollar

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.