Catalog
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| Issuer | Banco de Quito |
|---|---|
| Year | 1880 |
| Type | Log in to see details |
| Value | 1 Peso |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Banco de Quito Vale Un Peso en Moneda Corriente Quito, enero 2 de 1880 (Translation: Bank of Quito Worth One Peso in Currency Quito, 2nd of January, 1880) |
| Reverse description | Log in to see details |
| Reverse lettering | Banco de Quito (Translation: Bank of Quito) |
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| Comments |
The Banco de Quito was one of Ecuador's earliest private commercial banks, chartered in 1868 and operating during a period when the country's note-issuing system was fragmented across several regional institutions. ABNC supplied plates and printed notes for a significant number of Ecuadorian banks during this period, and the quality differential between their product and locally printed alternatives was considerable — a practical reason why provincial banks sought New York suppliers despite the logistical cost.
P#S241 falls in the "S" (Specialized) series, indicating a private bank rather than a national authority issue. Surviving examples are scarce; Ecuadorian private bank paper from the 1880s suffered heavy attrition during subsequent currency reforms.