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1 Quetzal

Issuer Banco de Guatemala
Year 1998
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Value 1 Quetzal
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Obverse description Intaglio portrait of General José María Orellana at right, set against a green guilloche underprint with Maya-inspired decorative borders; a quetzal bird vignette appears at upper left beside the denomination numeral '1' in the centre, with the serial number printed twice in black. A caption below the portrait reads 'GENERAL JOSE MARIA ORELLANA / PRESIDENTE DE LA REPUBLICA, 1921-1926, EN CUYO / GOBIERNO FUE CREADA LA MONEDA QUETZAL'. Three signature lines appear below the central denomination, attributed to the Gerente, Presidente, and Contralor General de Cuentas.
Obverse lettering Banco de Guatemala Guatemala Centro America Un Quetzal 8 enero 1998
(Translation: Bank of Guatemala Guatemala Central America One Quetzal 8 January 1998)
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Comments

The 1998 series quetzal notes represent the tail end of Guatemala's long relationship with Thomas De La Rue before the country transitioned to polymer substrate issues in the following decade. Guatemala had used De La Rue for successive quetzal series since the mid-twentieth century, and by the late 1990s the format and security package were largely unchanged from earlier printings — the watermark and embedded thread being the full extent of the anti-counterfeiting measures, modest even by regional standards of the period.

P#99 circulated heavily in everyday commerce and worn examples vastly outnumber clean ones in dealer stock today.