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1 Peso
| Issuer | Banco de Sopetrán |
|---|---|
| Year | 1880 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#S845 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO DE SOPETRÁN Nº Pagará al portador y á la vista la cantidad de UN PESO de ley en monedas corrientes Sopetrán: de 18 EL GERENTE EL CAJERO |
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| Reverse lettering | PESO PESO SPECIMEN B.W.&Co. LONDON |
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| Comments |
Banco de Sopetrán was a short-lived regional institution operating out of a small municipality in Antioquia, Colombia — one of dozens of private banks that proliferated under the country's 1865 free banking legislation, which allowed virtually any commercial entity to issue its own currency. The result was a chaotic monetary environment that persisted until the Banco Nacional was granted exclusive emission rights in 1886, after which most of these provincial issues were retired and destroyed.
Bradbury, Wilkinson engraved and printed for numerous Latin American issuers during this period, and the quality of their work almost always outlasted the banks that commissioned it. The survival rate for Sopetrán notes is extremely low.