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5 Pesos

Issuer Banco Popular
Year 1877
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Shape Rectangular
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Reverse description The reverse is largely plain with a large diagonal PAGADO (paid) cancellation overprint in pale ink across the entire face. A rectangular printed text block in the upper centre states that the note circulates provisionally as a Banco Nacional note in accordance with Decreto No. 517 of 30 October 1899. Below this block appear multiple manuscript signatures identified by their titles: Ministro del Tesoro and Miembros de la Junta de Emisión, with the date Bogotá, Octubre 30 de 1899 inscribed at the foot.
Reverse lettering ESTE BILLETE CIRCULA PROVISIONALMENTE COMO BILLETE DEL BANCO NACIONAL, DE ACUERDO CON EL DECRETO Nº 517 DEL 30 DE OCTUBRE DE 1899
MINISTRO DEL TESORO.
MIEMBROS DE LA JUNTA DE EMISION.
Bogotá, Octubre 30 de 1899.
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Comments

Banco Popular was one of several short-lived private banks chartered in Colombia following the 1871 banking reform that briefly liberalized note-issuing privileges. Most of these institutions collapsed or were absorbed within a decade, and their paper survived in tiny quantities — the notes rarely circulated far beyond the issuing region before redemption or failure ended them.

Colombian private bank issues of this period are among the least-documented in South American notaphily. Attribution of specific print runs to particular commercial printers remains incomplete for most of the series, and P#S658 is no exception.

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