Colombia · Banco Nacional · Departmental cédula
1 peso · Departamento del Tolima · 1901
A one-peso cédula representativa of the Departamento del Tolima: Republic of Colombia, Ibagué, September 1901, Series D, serial N.º 060.416. Hernández (8th ed., 2023) numbers the department’s typeset one-peso — text only on the face — as Cód. 1242. This record is serial 060416, in a sleeve, unslabbed.
Catalog facts
- Pick reference
- Cód. 1242
- Serial number
- 060.416
- Signatures
- No printed signatures
- Condition
- Unslabbed · in a sleeve · heavily circulated (stains, folds, foxing)
- Printage
- Local typesetting, Departamento del Tolima. Printed date: Ibagué, September 1901. Series D. Printed serial N.º 060.416 (normalized 060416; leading zeros are kept). No printage is published: this is not a Banco de la República type (1923–2019), and BanRep’s annual banknote production tables begin in 1960.
Face
Back
The note
In the Thousand Days’ War (1899–1902) departmental treasuries issued their own paper when the link to Bogotá failed. José Arcelio Gómez’s Boletín Numismático 114 (15 August 2012) places Tolima’s issues between 1900 and 1902, printed on ordinary papers in a single ink: ten, twenty, and fifty centavos, and one peso. Hernández (8th ed., 2023) lists the department’s typeset paper as Cód. 1239–1243; the one-peso — “text only on the face” — is Cód. 1242. Neighbouring rows in that table carry July 1900 dates; the date printed on this piece is “Ibagué, Septiembre de 1901.” No unique Pick is assigned here: Gómez cites 1169, 1173, 1181, and 1191 for Tolima one-peso issues, without matching this Series D or this serial to one of them. Numismondo groups departmental issues under P.S1050 and later, with images still needed. Numista lists no banknote for the State or Departamento del Tolima — only an 1890 2-centavo pattern (N# 281840). This collection’s Heritage extract records no Tolima lots. The face, black on browned paper, reads “REPUBLICA DE COLOMBIA” and “DEPARTAMENTO DEL TOLIMA,” the type “Cédula representativa.,” the value “VALE UN PESO,” and, below, “Ibagué, Septiembre de 1901.” Serial “N.º 060.416” sits at upper left; “Serie D” at upper right. The ornamental frame repeats “UNPESO.” A faded reddish circular stamp partly covers the heading. The back is aged tan paper with a large bright-red circular seal, stains, fold lines, and faint manuscript at left. There are no printed signatures and no printer’s imprint. It should not be confused with the Banco del Tolima of Neiva (about 1881–1882), with private-bank mortgage cédulas, or with Antioquia treasury one-peso notes (Pick S1065 and kin). This record gathers both sides of the same heavily circulated note, in a clear sleeve, unslabbed.
The bank
After the Banco Nacional was wound up (Law 70 of 1894; a closure Astrid Romero places on 1 January 1896), the Thousand Days’ War again filled the country with unbacked paper. The government and regional commanders printed; the Casa de Moneda Museum records Gobierno Provisional notes from Ocaña (1900) and Nacional overstamps on private paper. Tolima, isolated in the centre of the country, turned to its treasury: Gómez describes those cédulas as local, scarce, single-ink issues. In 1909 the Conversion Board rated 100 paper pesos to 1 gold peso. This piece — one peso, Series D, serial 060416, Ibagué, September 1901 — is a survivor of that inflation, not a Banco de la República note and not free-banking paper of the 1870s–1880s.
Scarcity and printage
Gómez (2012) calls Tolima’s 1900–1902 pieces quite rare and publishes no printages. Hernández numbers the typeset one-peso as Cód. 1242; price columns and plates are not republished here. Numista has no banknote record for this issuer. The Heritage extract supplies no Tolima comparables. This record does not invent a printage.
Population
A PMG or PCGS census for serial 060416 has not been independently verified. The note is unslabbed.
Sources
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Pedro Pablo Hernández — Coins and Banknotes of Colombia (Numista L100183)
(opens in a new tab)
8th ed. 2023: Departamento del Tolima, Cód. 1239–1243; the typeset one-peso (“text only on the face”) is Cód. 1242. Price columns and plates are not published here.
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José Arcelio Gómez — Boletín Numismático 114 (15 August 2012)
(opens in a new tab)
Tolima departmental issues, 1900–1902: 10, 20, and 50 centavos and one peso (cites Pick 1169, 1173, 1181, and 1191 for the peso). Local printing, one ink. None of those numbers is assigned here to this Series D.
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Numismondo — Colombia paper-money index, departmental issues
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P.S1050 and later (1893–1900), images needed. There is no illustrated Tolima 1901 card.
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Banrepcultural Encyclopedia — Paper money in Colombia
(opens in a new tab)
Thousand Days’ War: unbacked paper from the government and regional commanders.
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Numista — State of Tolima
(opens in a new tab)
No banknotes listed. The only object is the 1890 2-centavo pattern (N# 281840), not this cédula.
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Banrepcultural Encyclopedia — Financing independence
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Records the 1813 Cartagena 1-real signed by Gutiérrez de Piñeres. Hernández (8th ed., 2023) lists a 2-reales of 1812 printed at Mompós first.
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Banco de la República — History of the Bank
(opens in a new tab)
Law 25 of 1923, mixed capital, monopoly of issue, and the early opening on 23 July; the museum booklet details the weekend overstamp of Medellín certificates.
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Banco de la República — 1973 reform
(opens in a new tab)
Law 7 and Decree 2617: the state acquired nearly all private shares.
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Banco de la República — 60 years of the Imprenta de Billetes
(opens in a new tab)
23 October 1959; first job: the blue 1-peso printed in Bogotá. The 5-peso of 1961–1981 carries the walls of Cartagena.
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Banco de la República — Banknote and coin production and circulation
(opens in a new tab)
Official tables: annual banknote production by denomination (1960–2022), Imprenta deliveries to Tesorería (2010–2022), and coin production. A year-and-face-value total is not the printage of one Pick type, date, or variety.
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Banco de la República — Background, evolution, and structure (Meisel et al.)
(opens in a new tab)
The 1886 fiat standard, Law 70 of 1894, Reyes’s Banco Central, the Kemmerer Mission, and the 1923 opening.
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Adolfo Meisel Roca — Background to the Banco de la República, 1904–1922
(opens in a new tab)
Postwar stabilization, projects for a bank of issue, and the setting in which Reyes created the Banco Central.
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Historical evolution of the Banco de la República (SciELO; citing Hernández, 2001)
(opens in a new tab)
The 1905 Banco Central as a bank of issue; in 1909 its privilege was suspended and it became a private bank.
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HiSTOReLo — Núñez, Caro, and the Banco Nacional (1886–1903)
(opens in a new tab)
Decree 104 and Law 87 of 1886 (fiat monetary unit); Law 70 of 1894 and closure in 1896.
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Astrid Romero — La Regeneración and the Banco Nacional (1991)
(opens in a new tab)
Established in 1881; forced tender from 1886; final liquidation in 1896.
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Banco de Bogotá — Our Bank
(opens in a new tab)
Founded 15 November 1870; the country’s first commercial bank.
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Portafolio — The Banco de Bogotá was born with the right to issue notes
(opens in a new tab)
15 November 1870; statutes: bearer notes in proportion to metal in the till.
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Banrepcultural Encyclopedia — Money issue
(opens in a new tab)
Forced tender, the Thousand Days’ War, the 1909 Conversion Board, and Banco Nacional paper still circulating in the 1910s.
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El Espectador — Twenty-five years after the “robo del siglo” (2019)
(opens in a new tab)
Valledupar, 16–17 October 1994; some 24.072 billion pesos; exchange and redesign of the 2,000, 5,000, and 10,000 in 1995–1996.
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Banco de la República — Press release: new banknote family (25 September 2015)
(opens in a new tab)
The 2016 family (2,000 to 100,000): biodiversity, culture, and the homage to Gabriel García Márquez.
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Banrepcultural — The new Colombian banknote family
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Theme of each denomination: landscapes, indigenous cultures, and figures of culture, science, and politics.
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Banrepcultural — Casa de Moneda Museum
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1996 permanent exhibition: 1923 provisionals, 1932 pesos plata, wartime cut ½-peso notes, and the Imprenta’s first note.
- Bank Note Museum — Colombia (states, Republic, and Banco de la República) (opens in a new tab)
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Bank Note Museum — Colombia, Banco de la República
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Pick index: 1923 provisionals, pesos oro, and the 1959 series (P-404).