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1 Peso
| Issuer | Banco de Oriente |
|---|---|
| Year | 1883 |
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| Value | Log in to see details |
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| Composition | Cotton paper |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO DE ORIENTE Serie E Númº EL BANCO DE ORIENTE PAGARÁ AL PORTADOR, A LA VISTA UN PESO DE LEY, EN MONEDAS CORRIENTES RIONEGRO FUNDADO POR ESCRITURA PÚBLICA OTORGADA EN RIONEGRO EL 15 DE MARZO DE 1883 Cajero Gerente Secretario de la Junta Directiva |
| Reverse description | The reverse is printed in blue on plain cotton paper and presents a bold symmetrical composition of five interlocking circular guilloche medallions arranged horizontally, with the bank name "BANCO DE ORIENTE" set within the central grouping in three lines across separate oval cartouches. Two larger flanking medallions bear the numeral "1", while a smaller partial medallion appears at the far right edge. A circular violet validation stamp of a Medellín institution is applied at lower left. |
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| Comments |
Banco de Oriente was one of several short-lived private Colombian banks that emerged following the 1871 banking law, which permitted free banking and led to a proliferation of regional note issuers — most of which collapsed or were absorbed within two decades. The bank operated out of the eastern interior, competing in a fragmented monetary environment where public trust in any given institution's paper was intensely local.
Colombian-printed private bank issues from this period are uncommon as a category. Most domestic printing of this era lacked the security features of notes produced by established European firms, and forgery was a known concern across the free-banking period.