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1 Peso
| Issuer | Banco Occidental |
|---|---|
| Year | 1907-1917 |
| Type | Log in to see details |
| Value | 1 Peso |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPUBLICA DE SALVADOR EL BANCO OCCIDENTAL UN PESO EN MONEDA EFECTIVA NOVIEMBRE DE San Salvador GERENTE DIRECTOR CAJERO AMERICAN BANK NOTE CO. NEW YORK |
| Reverse description | Blue-toned note dominated by an intricate guilloche underprint with a central oval vignette containing a facing female portrait within a frame inscribed EL BANCO OCCIDENTAL and REPUBLICA DEL SALVADOR. A Salvadoran coat of arms vignette appears to the left, and the denomination UN PESO is set within the guilloche field. The upper margin bears the handwritten cancellation legend Tomose Razon with a manuscript date and place, and the entire composition is framed by an ornate lathe-work border. |
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| Comments |
Banco Occidental was one of several Honduran private banks of issue operating under the 1889 banking law, which granted concessions to regional institutions rather than establishing a single central authority. The arrangement persisted until the early 1920s when the Honduran government began consolidating and eventually revoking private note-issuing privileges — making the entire output of these banks finite by design.
American Bank Note Company production for Central American clients during this period is generally well-executed, and surviving examples from this series occasionally show minor ink oxidation along the face printing, a known characteristic of some ABNC runs on thinner cotton stocks from this decade.