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1 Peso
| Issuer | Banco Popular |
|---|---|
| Year | 1877 |
| Type | Log in to see details |
| Value | 1 Peso |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | SERIE B UNO BANCO POPULAR pagará al portador á la vista UN PESO, Bogotá Julio 26 de 1877 EN MONEDA CORRIENTE El Gerente: El Presidente del Consejo: UN PESO |
| Reverse description | The reverse carries a large red-brown manuscript-style overprint of 'UNO' across the entire face, superimposed over a printed text block authorising provisional circulation of this note as a Banco Nacional issue in accordance with Decreto Número 5° of 29 October 1899, dated 'Bogotá, Octubre 30 de 1899'. Multiple handwritten signatures of the Junta de Emisión members appear below the decree text, with the caption 'MIEMBROS DE LA JUNTA DE EMISION' printed at the lower margin. |
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| Comments |
Banco Popular was one of several private Colombian banks chartered under the 1871 banking law, which deliberately kept note-issuing rights fragmented among regional institutions rather than centralizing them in a single national bank. The result was a crowded, competitive market for private paper money throughout the 1870s, with each bank responsible for maintaining its own redemption in specie.
Paredes & Co. was among the more capable domestic lithographers working in Bogotá at the time, though Colombian-printed notes from this period rarely match the engraving depth of contemporaneous European-printed issues from the region. The 1877 date places this note close to the monetary disruptions preceding Colombia's 1880 establishment of the Banco Nacional.