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Stack's Bowers & Ponterio
January 2018 NYINC Auction  11-13 Jan 2018
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Lot 10288

Starting price: 250 USD
Price realized: 260 USD
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COLOMBIA. Banco Industrial. 20 Pesos. 19__. Second Series 4% Note. P-S558p. Archival Record Book Face and Back Proofs. Net Very Fine.
This 20 Pesos is from the same "Law 24" as the large and small format notes, but has a unique size and character. It appears to be extremely rare and individual proofs of this type were not in the December 1990 ABN sale making this a sleeper. The notes were printed once in January 1923 with 37,500 examples authorized. No series. Brown face. Identical vignette style with standing allegorical female with globe, but different tinting. Brown back with legal clauses. Some glue staining on the face, but the back is vibrant. An important pair. Net Very Fine.

From the Eldorado Collection of Colombian Paper Money.

Estimate: $500.00- $1000.00
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