Catalog
1 Peso El Banco Occidental
| Issuer | El Banco Occidental |
|---|---|
| Year | 1910-1917 |
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| Printer | American Bank Note Company, New York, United States |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPUBLICA DEL SALVADOR EL BANCO OCCIDENTAL PAGARA A LA VISTA AL PORTADOR UN PESO EN MONEDA EFECTIVA San Salvador, DICIEMBRE DE 1910. American Bank Note Co. New York (Translation: Republic of El Salvador The Western Bank will pay on sight to the bearer One Peso in coin December 1910) |
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| Reverse lettering | BANCO OCCIDENTAL REPUBLICA DEL SALVADOR 1 UN PESO AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: Western Bank Republic of El Salvador 1 One Peso) |
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| Comments |
El Banco Occidental operated out of Cali, in the Cauca Valley, one of several Colombian regional banks that survived the aftermath of the 1000 Days War only to face extinction under Law 51 of 1918, which nationalized the right of issue and forced private banks to surrender their currency privileges. Notes from this series would have been in active circulation through some of the most turbulent years of Colombian monetary history, including the peso's gradual stabilization following the hyperinflation of the civil war period.
The ABNC plate work on Colombian regional issues of this period is consistently fine — the company held contracts with at least a dozen Colombian private banks simultaneously.