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1 Peso Plata
| Issuer | Banco de la República |
|---|---|
| Year | 1932 |
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| Composition | Log in to see details |
| Size | 156 × 74 mm |
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| Obverse description | Printed in green, the obverse centers on an oval vignette bearing a right-facing bust portrait of Francisco de Paula Santander. Large numeral 1 guilloche panels flank the central vignette on both sides, with the issuer and denomination legends arranged above and below. Serial numbers are printed in black. |
|---|---|
| Obverse lettering | BANCO DE LA REPÚBLICA CERTIFICADO DE PLATA SANTANDER UN PESO DE PLATA CAMBIABLE EN EL BANCO DE LA REPÚBLICA POR IGUAL VALOR EN MONEDAS LEGALES DE PLATA (Translation: BANK OF THE REPUBLIC (CENTRAL BANK) SILVER CERTIFICATE SANTANDER ONE SILVER PESO EXCHANGEABLE AT THE CENTRAL BANK FOR EQUAL VALUE IN LEGAL TENDER SILVER COINS) |
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| Comments |
Colombia's Banco de la República issued this note during a period of acute monetary stress. The country had suspended the gold standard in 1931 under emergency legislation — earlier than most Latin American nations but in direct response to the global contraction following 1929. The "Plata" designation is the telling detail: it anchors the note's nominal value to silver rather than gold, a politically significant distinction at a moment when the government was navigating between creditor expectations and domestic liquidity demands.
The American Bank Note Company plate work for this series is characteristically fine, though ABNC's Colombian contracts from this period are less studied than their Argentine or Brazilian equivalents.