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10 Bolívares

Issuer Banco Comercial (later Banco Comercial de Maracaibo)
Year 1916
Type Standard circulation banknote
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Obverse lettering BANCO COMERCIAL
COMPAÑIA ANONIMA
DIEZ BOLIVARES
PAGARA AL PORTADOR EN SUS OFICINAS EN DINERO EFECTIVO
SERIE A
Maracaibo
Capital Bs 400,000
SPECIMEN
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Reverse lettering BANCO COMERCIAL
COMPAÑIA ANONIMA
AMERICAN BANK NOTE COMPANY
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Comments

The Banco Comercial was one of several regional Venezuelan banks operating under the 1880 banking law, which permitted note-issuing privileges to chartered commercial banks well into the twentieth century — an unusually long survival of decentralized emission by Latin American standards. Maracaibo's commercial banking sector was closely tied to the Lake Maracaibo trade routes, and notes from this institution circulated heavily among merchants rather than through formal banking channels.

ABNC produced the plates in New York under their standard contract arrangement with smaller Latin American issuers. The bank's name change to Banco Comercial de Maracaibo occurred after this series was already in circulation.

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