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Stack's Bowers & Ponterio
January 2018 NYINC Auction  11-13 Jan 2018
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Lot 10278

Starting price: 150 USD
Price realized: 220 USD
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COLOMBIA. Banco Dugand. 1 Peso, ND (1918). First Series 6% Note. P-S426p. Archival Record Book Face and Back Proofs. Uncirculated.
This Barranquilla series were circulating 6% bond-notes, authorized by the "Law 24 of 1905" from the bank. Three denominations were printed for this initial, large format issue. There were 50,000 notes authorized for printing in April 1918. Series A. Orange frame and protectors. The orange back is perpendicular with interest payments listed. The series was virtually unknown until the 1990 ABN Sale. Both impressions are choice. Uncirculated.

From the Eldorado Collection of Colombian Paper Money.

Estimate: $300.00- $600.00
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