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100 Pesos Oro
| Issuer | Banco de la República |
|---|---|
| Year | 1923 |
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| Reference(s) | P#366 |
| Obverse description | Central vignette of General Francisco de Paula Santander in military uniform within an oval guilloche frame, flanked by two large numeral "100" rosette medallions with intricate lathe-work underprint. The bank title "EL BANCO DE LA REPUBLICA" appears across the top, with "BOGOTA, COLOMBIA" and the date "20 DE JULIO DE 1923" inscribed below the portrait. Dual serial numbers appear in the upper field, with signature lines for Gerente and Secretario at the lower left and right respectively, and "CIEN PESOS ORO" in a bold cartouche at the base. |
|---|---|
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| Reverse lettering | Banco de la Republica Bogota Colombia Cien Pesos Oro (Translation: Bank of the Republic Bogota Colombia One Hundred Pesos Oro) |
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| Comments |
The Banco de la República was established in July 1923 under Law 25, Colombia's direct response to the Kemmerer Mission — Edwin Kemmerer's team of U.S. economists had recommended a central bank modeled on Federal Reserve principles, and the institution opened within months of that report. This note, from the bank's inaugural series, was printed before the ink on the enabling legislation was fully dry.
American Bank Note Company held the contract from the outset, a predictable choice given their dominant position across Latin American central bank commissions in that decade. The 100 Pesos Oro denomination was the series ceiling — a high-value instrument in a country where most transactions ran well below it.