Catalog
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| Issuer | Banco de Sogamoso |
|---|---|
| Year | 1882 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO DE SOGAMOSO DIEZ PESOS Pagará al portador á la vista en moneda corriente Sogamoso Serie B. PRIMER DIRECTOR SEGUNDO DIRECTOR TERCER DIRECTOR LITOGRAFIA DE D. PAREDES, BOGOTA |
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| Reverse lettering | BANCO DE SOGAMOSO EL CAJERO |
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| Comments |
Banco de Sogamoso was one of dozens of private Colombian banks that briefly flourished under the 1871 banking law, which allowed free incorporation without reserve requirements — a policy that produced a wave of regional note-issuing institutions, many of them undercapitalized from the start. Sogamoso itself is a mid-sized Boyacá town with no particular commercial dominance, which makes the bank's existence more a product of liberal banking legislation than of genuine regional financial demand.
Printed locally by Litografía de D. Paredes rather than sent abroad to the major security printers, which was the more common route for Colombian private bank issues of this period. The choice reflects either cost constraints or simple pragmatism given Bogotá's proximity.