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20 Pesos
| Issuer | Banco de la Unión |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#264 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO DE LA UNION PAGARAL PORTADOR VEINTE PESOS EN MONEDA CORRIENTE Quito, de de 18 DIRECTOR GERENTE AMERICAN BANK NOTE CO. NEW YORK |
| Reverse description | Executed entirely in dark teal intaglio, the reverse is covered by an all-over guilloche pattern of interlocking geometric rosettes with foliate corner ornaments. The denomination numeral '20' appears at each corner and twice in the central field, flanking a horizontal cartouche bearing 'EL BANCO DE LA UNION' in raised serif lettering. The printer's imprint 'AMERICAN BANK NOTE COMPANY, NEW YORK' runs in small capitals along both the top and bottom margins. |
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| Comments |
Banco de la Unión was a Colombian private commercial bank chartered in 1881, operating during the brief window before the Regeneración government moved to centralize monetary authority. The American Bank Note Company handled the printing of most Colombian private bank issues of this period — the engraving quality is consistently high, though the notes were often issued into a chaotic monetary environment where counterfeiting of the cruder local productions was rampant and public trust in paper varied sharply by region.
Private bank circulation in Colombia effectively ended with Law 57 of 1887, which began consolidating note-issuing privileges toward the Banco Nacional.