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1 Quetzal Banco Central de Guatemala, 1st. print, without Law date
| Issuer | Banco Central de Guatemala |
|---|---|
| Year | 1928-1934 |
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| Value | 1 Quetzal (1 GTQ) |
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|---|---|
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| Reverse description | Printed entirely in green, the reverse centres on an intaglio vignette of the ancient Maya monolith of Quirigua, rising tall amid tropical forest foliage with a small standing figure at its base conveying its monumental scale. An elaborate guilloche rosette occupies the left panel and a numeral "1" set within a detailed lathe-work medallion fills the right panel, both framed by ornate scrollwork borders. The printer's imprint "WATERLOW & SONS LIMITED, LONDRES" appears at the bottom centre below the denomination tablet. |
| Reverse lettering | BANCO CENTRAL DE GUATEMALA 1 UN QUETZAL (Translation: Central Bank of Guatemala 1 One Quetzal) |
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| Comments |
Waterlow & Sons printed this series before Guatemala had settled on a permanent legislative framework for its new central bank — hence the absence of a law date, a deliberate omission rather than an oversight. The Banco Central de Guatemala was only established in 1926, replacing the old system of competing commercial bank issuers, and these early Waterlow printings belong to the transitional window before the 1926 Monetary Law was formally cited on circulating notes.
Waterlow's work for Central American issuers in this period was consistent in quality; the paper stock tends to hold up well, though toning along fold lines is common in Guatemalan issues of this generation owing to humid storage conditions in the region.