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25 Pesos

Issuer El Banco Central
Year 1900
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Printer American Bank Note Company
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Obverse lettering REPÚBLICA DE COLOMBIA
EL BANCO CENTRAL
PAGARÁ AL PORTADOR A LA VISTA
BOGOTÁ
VEINTICINCO PESOS
ORO O SU EQUIVALENTE EN MONEDA LEGAL
EL PRESIDENTE DE LA JUNTA DIRECTIVA
AMERICAN BANK NOTE CO. NEW YORK
SPECIMEN
MUESTRA
Reverse description Printed in brown intaglio, the reverse centres on a rectangular vignette of a river steamboat moored alongside a timber wharf, set against a wooded hillside. The numeral 25 appears in guilloche cartouches at lower left and right, with ornate lathe-work borders framing the entire composition. The legend EL CAJERO appears below the central vignette and BANCO CENTRAL at the foot.
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Comments

El Banco Central was a short-lived Colombian institution, chartered in 1905 and dissolved not long after — which makes a note dated 1900 from this issuer worth a second look. The bank was granted note-issuing privileges during a period when Colombia's monetary system was still recovering from the chaos of the Thousand Days War, one of the bloodiest civil conflicts in the country's history, which had devastated the national currency and left the public deeply skeptical of paper instruments of any kind.

The American Bank Note Company contract for this series is well documented. Survival rates are low — wartime hoarding followed by a chaotic postwar redemption process accounted for most losses.

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