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1 Peso

Issuer Banco del Ecuador
Year 1880-1886
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Shape Rectangular
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Reverse description Printed in blue. Central vignette of an eagle displayed within an elaborate guilloche rosette, flanked by two large symmetrical snowflake-style lathe-work rosettes. "BANCO DEL" inscribed across the top and "ECUADOR." along the bottom, with the ABNC imprint at lower right.
Reverse lettering BANCO DEL
ECUADOR.
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Comments

The Banco del Ecuador was one of several private commercial banks authorized to issue currency under Ecuador's 1871 banking law — a period when note-issuing rights were distributed among competing regional banks rather than held by a single central authority. The Guayaquil-based institution leaned heavily on ABNC for its early series, as did most Latin American issuers of the period who needed engraved security printing they could not produce domestically.

The S-prefix in the Pick reference denotes a state or private bank issue rather than a central government note — worth remembering when cross-referencing with Ecuadorian monetary history, where the distinction between provincial bank paper and national currency was often blurred in practice.

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