5 Pesos

The Junta Nacional de Amortización was not a central bank but a debt-management body, pressed into the role of currency issuer during the chronic fiscal disorder that followed the Thousand Days War (1899–1902). Colombia emerged from that conflict with its paper currency in near-total collapse; the Junta's notes were part of a broader, largely unsuccessful attempt to impose order on a monetary system that had been flooded with depreciating government-backed paper for years.

Waterlow & Sons produced the plate work in London. The series is catalogued under both the standard Pick numbering and the specialist Hernández reference — the latter being essential for distinguishing the several issuing authorities operating concurrently in Colombia during this period.