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500 Pesos Oro
| Issuer | Banco de la República |
|---|---|
| Year | 1986-1990 |
| Type | Standard circulation banknote |
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| Obverse description | Intaglio portrait of General Francisco de Paula Santander at left-centre, rendered in fine line engraving against a guilloche underprint in crimson and green tones; to the left of the portrait, vignettes of a quill pen, inkwell, and a document inscribed 'Constitución' allude to his role as founding statesman. The bank title 'EL BANCO DE LA REPUBLICA' arcs across the top in bold letterpress, with the denomination 'QUINIENTOS PESOS ORO' in large green intaglio text to the right, accompanied by two facsimile signatures, the date 'BOGOTA, 20 DE JULIO DE 1989', and a large watermark reserve oval at right. |
|---|---|
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| Reverse lettering | QUINIENTOS PESOS ORO 500 BANCO DE LA REPUBLICA BOGOTA COLOMBIA CASA DE MONEDA BOGOTA IMPRENTA DE BILLETES – BOGOTA |
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| Comments |
Colombia's central bank has operated its own intaglio printing facility in Bogotá since 1959, one of relatively few Latin American nations to produce its notes entirely in-house during this period rather than contracting out to Thomas De La Rue or the American Bank Note Company. The P#431 series is a product of that facility, pressed entirely on domestic equipment through a production run spanning four issue years.
The "Pesos Oro" denomination label was a technical holdover — Colombian currency had not been tied to a gold standard since the 1930s, but the designation persisted on banknotes until the 1993 redenomination collapsed "Oro" from the official name entirely.