The Bank of the Republic
One Peso Oro (1929) and One Peso Plata (1932), specimens with “SPECIMEN” overprint
Both copies belong to the first years of the Bank of the Republic, founded in 1923, and share the same reverse with the profile of Liberty engraved by the American Bank Note Company. — specimens were prepared with numbering in zeros and the red overprint “SPECIMEN”— as reference samples for correspondent banks and archives, never put into circulation.
Un specimen visualmente sobresaliente de la larga serie colombiana de One Peso Oro. Con los retratos duales de dos próceres clave de la independencia, Santander y Bolívar, esta pieza ejemplifica el alto nivel de artesanía y seguridad de American Bank Note Company durante la era del Peso Oro. Poco común en formato specimen, es una pieza ideal para coleccionistas de notafilia colombiana y banknotes latinoamericanos.
A classic 1932 specimen from the short-lived Silver Certificate series. With portraits of General Santander and Liberty, this note reflects Colombia’s bimetallic monetary policy in the early 1930s. Highly sought after in specimen format for its elegant ABNC engraving and its historical importance in the evolution of Colombian currency.
Obverse (top) and reverse (bottom) — Notofilia.com CollectionSpecimens as a Banking Tool
Numbering in zeros and red overlay:Both bills show the serial number “00000” and the word “SPECIMEN” printed in red ink over the design —marks that prevent their use as legal tender, along with the punch holes that distinguish them. sample specimens.
Purpose:ABNC prepared these specimens for distribution to correspondent banks, exchange houses, and international reference archives, allowing each issue’s design and security features to be verified before —or in parallel with— actual circulation.
Gold and Silver: Two Monetary Policies
The “Peso Oro” of 1929 and the “Peso Plata” (Silver Certificate) of 1932 document the two aspects of the interwar Colombian bimetallic system: the first nominally backed in gold within the long series 1929–1954, and the second as a certificate convertible into silver coin, a short-term issue typical of the monetary policy of the early 1930s. Seen together, both specimens portray the same heroes —Santander, Bolívar and Libertad— under two monetary regimes different, just three years and a change of management later.
Sources
- Pick, Albert.Standard Catalog of World Paper Money.
- Hernández, Pedro Pablo.Coins and Banknotes of Colombia.
- Restrepo, Jorge Emilio.Coins of Colombia.
- Heritage Auctions —ha.com(opens in a new tab)
- Numista —numista.com(opens in a new tab)
- Bank of the Republic —banrep.gov.co(opens in a new tab)