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10 Bolivianos

Issuer Banco de la Nación Boliviana
Year 1911
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Value 10 Bolivianos
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Obverse description At centre-left, a large guilloche oval underprint frames the denomination numeral 10 in green, while to the right a seated male figure — Mercury — rests beside a cannon and waterfall in a finely engraved intaglio vignette. The bank title arches across the top in bold letterpress, with the date, serial number, and series letter appearing in the upper field; three manuscript signatures of bank officials run along the lower margin.
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Reverse description The reverse is printed in a monochromatic brown-purple tone and centred on a large intaglio vignette of the Bolivian Coat of Arms, surrounded by elaborate guilloche scrollwork that fills the entire field. Denomination numerals 10 appear in bold relief within ornate cartouches at the left and right, flanking the central arms. The bank name is inscribed in a panel at the foot, with the American Bank Note Company imprint at lower left and the New York office credit at lower right.
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Comments

Banco de la Nación Boliviana was established in 1911 as a state-owned institution, consolidating banking authority that had previously been fragmented among private regional banks — this note belongs to the earliest issues of that new entity. The sheer number of signature combinations across series A through P reflects over a decade of continuous reissue, with changes in management tracked directly through the printed signatory panels rather than through new pick numbers.

The shift from black to red series letters at series L marks a production change worth noting for variety collectors. ABNC-printed Bolivian material from this period holds up well structurally, but foxing along fold lines is common given the humidity conditions of highland circulation.

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