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10 Bolivianos / 1 Bolivar

Issuer Banco Central de Bolivia
Year 1928
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Printer Waterlow & Sons Limited, London
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Obverse lettering El Banco Central de Bolivia
Pagará al portador a la vista
Diez Bolivianos en oro o giros-oro
La Paz, Ley de 20 de Julio de 1928
Contador Superintendente de Bancos Gerente General
Waterlow & Sons Ltd. Londres
(Translation: The Central Bank of Bolivia / Will pay the bearer on demand / Ten Bolivianos in gold or money orders-gold / La Paz, Law of July 20, 1928 / Accountant / Superintendent of Banks / General Manager / Waterlow & Sons Ltd. London)
Reverse description The Bolivian national coat of arms is centred on the reverse, surrounded by guilloche underprint work, with the denomination value stated on both sides of the emblem and repeated in each corner of the note.
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Comments

Bolivia's 1928 currency reform collapsed the old boliviano system — one new Bolivar equalled one hundred old bolivianos — and this transitional note reflects the awkward dual nomenclature of that moment, when the new unit had legal standing but hadn't yet displaced the old name in everyday use. The Banco Central de Bolivia itself had only been founded in 1928, part of a broader financial reorganisation recommended by the Kemmerer Commission, the American advisory mission that restructured monetary institutions across much of South America during that decade.

Waterlow & Sons printed the series to a high standard, but the Bolivar as a currency unit was short-lived; Bolivia reverted to the boliviano name well before mid-century.

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