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1 Peso Banco Navia

Issuer Banco Navia y Cía.
Year 1865
Type Local banknote
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Obverse description The upper central field is occupied by a vignette of grazing cattle, flanked on each side by dark blue guilloche panels; a seated girl appears at lower left, while lower right carries a recumbent dog positioned before a safe. The issuer's name "EL BANCO NAVIA Y Ca." is inscribed centrally, with the place and date of issue flanking it, denomination expressed in both letters and numerals at upper left and upper right, and red typeset serial numbers to the upper right of the central vignette.
Obverse lettering UNO 1 E Montevideo, EL BANCO NAVIA Y Ca. 4 dé Nobvre de 1865 Pagará á la vista UN PESO al portador dando un Doblon de Oro Sellado ó su equivalente en la misma especie por DIEZ de estos billetes.
(Translation: One 1 E Montevideo, The Navia & Co. Bank November 4th, 1865 will pay at sight one Peso to bearer, giving one sealed gold Doblón or its equivalent in the same species for ten of these notes.)
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Comments

Banco Navia y Cía. was one of a cluster of private commercial banks that briefly operated in Colombia during the 1860s, a period when the federal structure of the Rionegro Constitution allowed individual states — and even private firms — to issue their own circulating notes. The American Bank Note Company engraving is characteristic of the quality Colombian private banks sought to project credibility in regions where public confidence in paper was thin at best.

The series is rare. P#S373 survives in very small numbers, likely because the bank's operational life was short and redemption or destruction of remaining stock was common practice among failed private issuers.

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