5 Pesos

Banco Agrícola was one of several short-lived private agricultural banks chartered in Colombia during the brief free banking period of the 1860s–70s, when the federal Rionegro Constitution of 1863 left currency issuance largely to individual states and private institutions. The result was a proliferation of notes with little coordinated redemption infrastructure — many agricultural bank issues were never fully honored.

The American Bank Note Company's predecessor firm handled this printing, as it did for dozens of Latin American clients competing for credibility through engraving quality rather than reserves. Pick S108 is scarce; surviving examples suggest this series had limited issue life before the institution folded.