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1 Peso

Issuer Banco Occidental
Year 1914
Type Standard circulation banknote
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Obverse description Printed in dark blue-grey ink over a salmon-pink guilloche underprint, the obverse centres on a vignette of a horseman astride a rearing horse against a mountainous landscape, flanked by the numeral '1' within ornate lathe-work frames. The arc inscription 'REPÚBLICA DE EL SALVADOR' spans the upper register above the bold bank title 'EL BANCO OCCIDENTAL', with the place and date 'SAN SALVADOR, MAYO DE 1914' at lower right and the serial number at upper right. The text of obligation 'PAGARÁ A LA VISTA AL PORTADOR / UN PESO / EN MONEDA EFECTIVA' occupies the central lower register, with signature lines for PRESIDENTE, GERENTE, and CAJERO along the foot.
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Reverse lettering BANCO
UN PESO
UN PESO
REPÚBLICA DE EL SALVADOR
NEW YORK BANK NOTE CO.
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Comments

Banco Occidental was a regional Colombian bank operating out of Cali, and by 1914 it was already on borrowed time — the Law 51 of 1928 would eventually nationalize currency issuance entirely, but the earlier Ley 33 of 1903 had already set the framework that squeezed private banks out of note-issuing privileges over the following decade. This note was printed by the New York Bank Note Company, a firm that handled substantial Latin American commercial bank work in the early twentieth century before merging into the American Bank Note Company in 1879 — which raises a cataloguing question, since by 1914 the NYBНC had technically been absorbed, and surviving imprints bearing that name on later dates may reflect plate reuse or a retained trade imprint rather than an independent operation.

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