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20 Décimos
| Issuer | Banco Nacional |
|---|---|
| Year | 1826 |
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| Value | Log in to see details |
| Currency | Décimo (1826-1871) |
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| Obverse description | Plain typographic note printed in dark blue ink on white paper. The central field carries the bold letterpress inscription BANCO. above VEINTE DECIMOS, flanked on all sides by a repeating ornamental border composed of stylized arch and scroll motifs. The overall design is characteristic of early primitive provincial issue printing, with no pictorial vignette. |
|---|---|
| Obverse lettering | BANCO. VEINTE DECIMOS |
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| Comments |
The Banco Nacional was one of several short-lived private banking experiments in the early Spanish American republics, and most of its note issues never achieved meaningful circulation before the institution collapsed or was absorbed. A 20 Décimos denomination is a fractional unit suggesting this issue was aimed at retail transactions rather than interbank clearing — politically ambitious for an institution with no track record of public trust.
1826 places this squarely in the post-independence monetary chaos common across the region, when new governments struggled to establish fiduciary credibility. PS# prefix indicates a private, non-governmental issuer per the Standard Catalog classification.