100 Bolivianos

Banco Industrial de La Paz was a private commercial bank operating under Bolivia's free banking period, when provincial institutions could issue their own currency with minimal federal oversight. By 1900 that era was already closing — Bolivia's 1906 banking reforms would consolidate note-issuing authority and effectively end the circulation life of paper like this.

ABNC produced the plates in New York, as they did for dozens of Latin American private banks during this period. The S-prefix in the Pick reference flags it as a private commercial issue rather than a central government emission — worth noting for collectors who encounter it cataloged inconsistently across older references.