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5 Bolivianos

Issuer Banco Central de Bolivia
Year 1928
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Printer American Bank Note Company, New York, United States
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Obverse description Deep green intaglio print over a blue-brown and rose guilloche underprint. An oval vignette at left bears a portrait of Simón Bolívar, while a central vignette presents a view of the city of Potosí with its characteristic mountain backdrop. Denomination numeral 5 appears in each corner and in larger format flanking the central vignette, with serial and series numbers printed in red and three manuscript signatures across the lower margin.
Obverse lettering 5 5 EL BANCO CENTRAL DE BOLIVIA PAGARÁ AL PORTADOR A LA VISTA 5 5 No. 012394 SÉRIE K1 No. 012394 SÉRIE K1 CINCO BOLIVIANOS EN ORO O GIROS-ORO LA PAZ, LEY DE 20 DE JULIO 1928. CONTADOR SUPERINTENDENTE DE BANCOS GERENTE GENERAL 5 5 AMERICAN BANK NOTE COMPANY.
(Translation: 5 5 The Central Bank of Bolivia Will pay to the bearer on demand 5 5 No. 012394 Series K1 Five bolivianos In gold or gold bonds La Paz, law of the 20th of July 1928. Accountant Superintendent of Banks General Manager 5 5)
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Comments

Pick 120 had an unusually long production run for a single denomination from this period — the signature progressions across series A through P6 document well over two decades of continuous reissue from a single ABNC plate design, with the same 1928 date frozen on every note regardless of when it actually printed. Bolivia's chronic fiscal instability through the 1930s and into the 1940s meant the note circulated alongside emergency issues and parallel instruments, yet this series was never formally superseded until the broader monetary reforms of the 1950s.

Six distinct signature combinations across that run is unusually high. Each change reflects a ministerial or directorial turnover — the Chaco War period (1932–35) accounts for at least one of the mid-series transitions.

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