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| 正面描述 | Black print on orange guilloche underprint. Portrait of Francisco José de Caldas in an oval vignette at left, Colombian coat of arms at right. The issuer's title runs across the top; face value numerals occupy all four corners, with the denomination in words above a numeral at center, and place and date of issue at lower center. |
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| 背面描述 | Printed entirely in green. A central oval intaglio vignette presents the Observatorio Astronómico de Bogotá, framed by dense lathe-work guilloche panels and ornate scrollwork corners, each carrying the numeral "25" in stylized lettering. A facsimile signature of the Secretario de la Junta Nacional de Amortización appears below the vignette, with the printer's imprint "Waterlow & Sons Ld. Londres, Inglaterra" at the foot. |
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The Junta Nacional de Amortización was not a central bank but a debt-management body — its note-issuing role in early twentieth-century Bolivia was a stopgap arrangement, filling a vacuum that no proper national bank occupied at the time. Waterlow & Sons handled the printing in London, as they did for a significant portion of Latin American fiscal paper during this period.
Hernández 787 is the more useful reference here; Pick's coverage of this series is thin on variety distinctions that Bolivian specialists consider meaningful for attribution.