Wednesday, April 17, 2013

Colombia 500 Pesos Oro (1990)

The peso is the currency of Colombia. It is also informally abbreviated as COL$. However, the official peso symbol is $. The peso has been the currency of Colombia since 1810. It replaced the real at a rate of 1 peso = 8 reales and was initially subdivided into 8 reales.

Although it never appeared on coins, Colombia's paper money continued to be issued denominated in peso oro until 1993, when the word oro was dropped.

This banknote is no longer in circulation.

Obverse: General Francisco José de Paula Santander y Omaña Colombian military and political leader during the 1810–1819 independence war of the United Provinces of New Granada (present-day Colombia). He was the acting President of Gran Colombia between 1819 and 1826, and later elected by Congress as the President of the Republic of New Granada between 1832 and 1837. Santander came to be known as "The Man of the Laws" ("El Hombre de las Leyes")

Reverse: Casa de Moneda, Bogota; Screw coinage press 

Watermark: Francisco de Paula Santander portrait in profile.