BOLIVIA. El Banco de la Nacion Boliviana. 100 Bolivianos, 1911. P-111. PMG Very Fine 25.

Printed by ABNC. Black series letter. The highest denomination for the 1911 Series, offered here in a Very Fine state of preservation. Mercury is found at center on machinery with factories seen billowing smoke in the background. Dark purple, blue and brown guilloches are noticed at left and right ends, next to the counters. The reverse design is printed in dark purple ink, and displays Arms at center. PMG has graded just two examples of this pick number at the time of cataloging.

From the Ricardo Collection.