Colombia, 5000 Pesos, 1986, Rafael Nuñez, P-434a, PMG66EPQ commemorative

5,000 Colombian peso banknote, issued by the Bank of the Republic on August 5, 1986, Pick 434a, commemorating the centenary of the 1886 Constitution. Certified by PMG with a grade of 66 EPQ, exceptional paper quality, uncirculated and encapsulated in its sealed holder.

Obverse: portrait of Rafael Núñez, president and main promoter of the 1886 Constitution, with the small hermitage of El Cabrero in Cartagena next to his effigy. Reverse: statue of Miguel Antonio Caro, co-author of that Constitution, along with a list of the states that formed the United States of Colombia before the centralist reform of 1886, such as Antioquia, Bolívar, Boyacá, Cauca, and Santander.

This issue commemorates the transition from a federal model to the centralist unitary Republic that governed the country for over a century, and due to its commemorative nature and direct link to this constitutional episode, it is highly sought after by collectors of Colombian banknotes interested in historical milestones.