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1 Peso

Issuer Tesorería Nacional de Guatemala
Year 1881
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Reference(s) P#1
Obverse description The obverse is printed in dark blue-black ink on cream paper, with the issuer's title 'LA TESORERÍA NACIONAL DE GUATEMALA' in an arched banner across the top. At centre, an oval intaglio portrait vignette of a bearded gentleman in formal dress is flanked by a second oval vignette containing the Guatemalan national coat of arms. Two allegorical female figures in classical dress occupy the lower-left and lower-right corners, framing the central panel. The denomination 'UN PESO' is set in bold letterpress below the portrait vignettes, with a manuscript promise to pay 'Páguese a portador' and handwritten signatures of treasury officials along the lower margin.
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Reverse lettering PAGUE EN LA ADMINISTRACIÓN DE GUATEMALA
UNO
1
1
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Comments

Guatemala's first nationally issued paper peso, printed before the country had established its own fiscal infrastructure capable of handling note production domestically. The Tesorería Nacional — the national treasury, not a central bank — was the issuing body, a distinction that matters: these notes circulated on the government's direct credit rather than through any banking intermediary, a fragile arrangement in a country where silver coin still dominated everyday exchange and paper remained deeply distrusted.

ABNC's New York workshops produced the plates; Pick 1 status means nothing preceded it in standardized Guatemalan national paper currency.