Catalog
| Issuer | Banco de Quito |
|---|---|
| Year | 1874-1878 |
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| Composition | Cotton paper |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO DE QUITO PAGARÁ AL PORTADOR UN PESO EN MONEDA CORRIENTE Quito de de 18 UN PESO NºB DIRECTOR GERENCE |
| Reverse description | Printed entirely in green intaglio, the reverse is dominated by a large central oval vignette of a Quito street scene with a church and colonnaded building. The oval is surrounded by an elaborate scrollwork border incorporating four smaller circular guilloche rosettes at the cardinal points and additional ornamental lathe-work medallions at the corners, creating a richly decorative frame with no additional text. |
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| Comments |
Banco de Quito was one of several private Ecuadorian banks granted note-issuing privileges under the 1871 banking law — a deliberately liberal framework that left the country without a central bank until 1927. Charles Skipper & East, the London firm responsible for printing, handled a significant volume of Latin American provincial bank work during this period, often producing runs for institutions whose operational lifespans proved short.
Banco de Quito itself failed in 1894, a casualty of the political and financial turbulence that preceded the Liberal Revolution. Notes from the 1874–1878 issue window survived in small numbers; the bank's collapse ensured most of its paper never returned for redemption.