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1 Peso

Issuer Banco de Honduras
Year 1922
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Shape Rectangular
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Obverse lettering REPUBLICA DE HONDURAS
EL BANCO DE HONDURAS
PAGARA AL PORTADOR EN MONEDA EFECTIVA
UN PESO
TEGUCIGALPA, 27 de Mayo de 1922
SERIE 1
EL PRESIDENTE
EL GERENTE
MINISTRO DE HACIENDA
American Bank Note Company
Reverse description The reverse is printed in dark green on plain paper, centered on the Honduran national coat of arms within an oval cartouche surrounded by intricate guilloche engine-turning. The bank title BANCO DE HONDURAS arcs above and HONDURAS below the central oval, with the numeral 1 and UN PESO repeated in each of the four corner medallions. At top left, a manuscript authorization reads No followed by the serial number and Autorizada su circulacion por acuerdo de 13 de Julio de 1925. The printer's imprint AMERICAN BANK NOTE COMPANY appears at the bottom center.
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Comments

The Banco de Honduras was a private commercial bank granted note-issuing authority, not a central bank — Honduras wouldn't establish a central bank until the Banco Central de Honduras was founded in 1950. ABNC printed several series for the institution over the years, and their engraved plates were typically retained and sometimes reworked for successor issues, meaning the underlying geometry of this note's design may predate 1922 by a decade or more.

P#29 is scarce in any grade. The bank's circulation footprint was limited to a country with a small monetized economy heavily dollarized by United Fruit Company payroll practices.