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1 Peso El Banco Agricola Hipotecario

Issuer Banco Agrícola Hipotecario
Year 1895-1920
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Shape Rectangular
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Obverse lettering EL BANCO AGRICOLA HIPOTECARIO REPUBLICA DE GUATEMALA Pagará al portador UN PESO en moneda efectiva GUATEMALA 26 de Marzo de 1900 DIRECTORES GERENTE Waterlow & Sons,Limited,Londres,Inglaterra.
Reverse description The reverse is printed in red and centres on an intaglio portrait vignette of a laureate woman in profile, set within an oval frame. Flanking the central vignette on either side are the numeral "1" and elaborate symmetrical guilloche rosette panels that fill the entire field. The denomination "UN PESO" appears in curved banderoles at the top and bottom of the central vignette, with the printer's imprint in small text along the lower margin.
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Comments

The Banco Agrícola Hipotecario was established in Colombia to provide mortgage-backed agricultural credit — a function that shaped both the design and the security requirements of its notes. Waterlow & Sons produced paper for a wide range of Latin American agricultural and mortgage banks during this period, and the long issuance window here, spanning roughly a quarter century, suggests the original plate was used across multiple print runs with date alterations rather than redesigned between issues.

Worth noting: S-prefix Pick numbers indicate private or semi-official bank circulation, not central government issue. Colombia's banking sector remained fragmented well into the early twentieth century.

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