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1 Peso

Issuer Banco Nacional del Salvador
Year 1908
Type Standard circulation banknote
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Obverse description The obverse is printed in red and black on white paper, with an elaborate guilloche underprint framing a central vignette of a large numeral "1" set within an ornate cartouche. The bank title "BANCO NACIONAL DEL SALVADOR" arches across the top in bold letterpress, with "AMERICA CENTRAL" below it; the serial number 16010 appears at left and right, and the place and date "SAN SALVADOR" and "15 DE SEPTIEMBRE 1908" are inscribed in the lower field. A promise-to-pay text in Spanish — "Pagará al portador... a la vista y en efectiva" — runs across the mid-section, and three manuscript signatures of bank officials appear along the bottom edge.
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Reverse description The reverse is printed in a single dark rose-red ink, with a dense guilloche pattern filling the entire field. The bank name "BANCO NACIONAL DEL SALVADOR" is lettered across the upper portion, and a central large numeral "1" within an intricate lathe-work frame dominates the design. "SAN SALVADOR" appears in a straight banner across the lower portion, with small numeral "1" counters in each corner.
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Comments

The Banco Nacional del Salvador was dissolved in 1913 when El Salvador centralized its currency system, making any notes issued in the final years of the bank's operation relatively short-lived in circulation. The 1908 date places this squarely in that closing window — fewer than five years before the institution ceased to exist.

Salvadoran private and semi-official bank issues from this period are poorly documented in standard references, and P#161 sits in a catalog range where condition and provenance details vary significantly between known examples.

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