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100 Bolivianos

Issuer Banco Mercantil
Year 1906
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Composition Cotton paper
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Obverse description The obverse is printed in black and orange on white paper, with a central guilloche rosette bearing the denomination numeral 100 in bold. To the left, an intaglio portrait vignette of a woman in formal dress with pearl necklace occupies a dark oval frame. The bank title EL BANCO MERCANTIL arches across the top, with the place of issue ORURO, BOLIVIA inscribed below the central panel, and three signature lines at the foot of the note.
Obverse lettering EL BANCO MERCANTIL
PAGARÁ A LA VISTA AL PORTADOR
CIEN BOLIVIANOS
EN MONEDA CORRIENTE
ORURO, BOLIVIA
CIEN
SÉRIE
POR EL CONTADOR
DELEGADO DEL GOBIERNO
American Bank Note Co. New York
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Comments

The Banco Mercantil was a private commercial bank operating in Bolivia during the late nineteenth and early twentieth centuries — one of several regional institutions granted note-issuing privileges before the Bolivian government centralized that authority under the Banco de la Nación Boliviana in 1911. Notes of this type issued by private banks were thereafter progressively withdrawn from circulation and either redeemed or destroyed, which accounts for the relative scarcity of high-denomination survivors like this 100 Bolivianos.

American Bank Note Company handled the printing, as was common for Bolivian private bank issues of the period — La Paz lacked the infrastructure, and ABNC's New York plant was the default choice for South American institutions wanting security printing that could credibly deter forgery.

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