Currency of Colombia but was received without limit by public offices. The law also made old Colombian coins legal tender at face value, and it prohibited the import of any silver coin less than .835 fine or any gold coin less than .900 fine. Gold and silver coin of France, Belgium, Italy, and Switzerland was accepted by public offices. In 1863 the Treasury issued notes for 5, 10, and 20 centavos and 1, 2, 5, 10, 20, and 50 pesos, adding a 3 peso note in 1869. The State of Panama issued notes between 1867 and 1880. A branch of the "London, México
Currency of Colombia to establish Banco Nacional, which began operations in January 1881. A decree of 24 March 1885 authorized coins of nickel and 0.500 silver, and authorized Banco Nacional to issue notes for 10 & 20 centavos. The cost of the civil war of 1885 was covered by paper money, circulation increasing by 89%. Banco Nacional was unable to cover its notes in gold coin, but the Government compromised on suspension by paying notes in silver with the funds received from negotiating the Panama Canal. "El Banco Nacional de los Estados Unidos de Colombia" was responsible for the national note issue 1880–1885.