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1 Peso
| Issuer | Banco Salvadoreño |
|---|---|
| Year | 1899-1904 |
| Type | Log in to see details |
| Value | 1 Peso |
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| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | The obverse is divided into two main vignette panels on a delicate guilloche underprint with salmon and olive tints. The left panel contains an oval vignette of a classical female bust in profile, framed by large ornamental numeral 1s on either side. The right panel presents an allegorical seated female figure beside the Salvadoran coat of arms atop an eagle, with the bank title EL BANCO SALVADOREÑO arched across the top and the denomination UN PESO inscribed below in bold letterpress. |
|---|---|
| Obverse lettering | EL BANCO SALVADOREÑO PAGARÁ AL PORTADOR SERIE A EN MONEDA EFECTIVA 1 UN PESO 1 San Salvador de 189 REPÚBLICA DE EL SALVADOR Nº 00000 |
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| Comments |
Banco Salvadoreño was a private commercial bank operating under El Salvador's free banking period, when multiple institutions held concurrent rights of issue. The ABNC contract for this series was standard practice for Central American issuers of the period — New York printing carried credibility with merchants and foreign creditors that no local press could offer.
The S-prefix in the Pick reference flags this as a private bank issue rather than a government emission, a distinction that matters when tracing redemption history. Notes from smaller Salvadoran private banks were frequently rendered worthless following the 1913 nationalization of currency rights under the Banco Agrícola Comercial monopoly — survival rates vary sharply across denominations.