Five Silver Pesos
The Bank of the Republic · Portrait of Simón Bolívar
The Silver Certificate
Metal backing:The Silver Certificates issued by Banco de la República between 1933 and the beginning of the 1940s were exchangeable for their equivalent in legal silver currency, as expressly indicated by the legend on the obverse. This mechanism reflected the Colombian monetary policy of the time, supported by metallic reserves to support paper money in circulation.
Simón Bolívar on the banknote:The portrait of the Liberator, present in numerous Colombian issues since the 19th century, highlights the symbolic continuity between early republican iconography and the paper money of centralized banking in the 20th century.
American Bank Note Company
The American firm American Bank Note Company, one of the most prestigious security printers in the world, produced this issue with the detailed intaglio engraving and intricate guilloches characteristic of its work for Latin American central banks during the first half of the 20th century.
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)