Catalog
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| Issuer | Banco de la República |
|---|---|
| Year | 1928 |
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| Currency | Peso decimalized (1847-date) |
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|---|---|
| Obverse lettering | El Banco de la República Pagará al Portador Cien Pesos Oro Bogotá, Colombia 20 de Julio de 1928 Gerente Secretario Cien Pesos Oro (Translation: The Bank of the Republic Will Pay to the Bearer One Hundred Pesos Oro / Bogotá, Colombia / 20 July 1928 / Manager / Secretary / One Hundred Pesos Oro) |
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| Reverse lettering | Banco de la República Bogota Colombia Cien Pesos Oro El Cajero American Bank Note Company (Translation: Bank of the Republic / Bogota Colombia / One Hundred Pesos Oro / The Cashier) |
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| Comments |
The Banco de la República was established in 1923 as Colombia's central bank, created directly from the recommendations of the Kemmerer Mission — the U.S. financial advisory team that redesigned monetary systems across five Latin American countries in the 1920s. This note belongs to the bank's earliest emission series, issued before Colombia's own printing infrastructure existed, hence the ABNC contract.
The 100 Pesos Oro denomination was significant: "Oro" distinguished gold-backed pesos from the discredited paper pesos of the previous century, when Colombia had suffered some of the worst hyperinflation in South American history. The designation was as much political as monetary.
P#375A is notably scarce — the series had limited distribution and surviving examples in collectible condition are rarely encountered outside specialist auctions.