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1 Sucre

Issuer Banco Internacional
Year 1892
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Reference(s) P#S172
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Reverse description The reverse is printed entirely in reddish-brown ink on white paper, dominated by an elaborate symmetrical guilloche framework. A central oval medallion carries the inscriptions BANCO INTERNACIONAL and UN SUCRE interwoven within the lacework pattern, flanked on each side by additional oval guilloche panels containing fine microtext legends. The numeral 1 appears in each corner, with the printer's imprint at the lower margin.
Reverse lettering BANCO INTERNACIONAL
UN SUCRE
1
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Comments

Banco Internacional was one of Ecuador's early private issuing banks, operating under the 1871 banking law that allowed chartered institutions to circulate their own paper currency — a patchwork system that persisted until the Banco Central del Ecuador was established in 1927. Waterlow & Sons handled a substantial portion of Latin American private bank printing during this period, and their work for Ecuadorian issuers was competent if not especially distinguished.

The Sucre as a monetary unit had only been formally established in 1884, replacing the peso at par, so this 1892 note is among the earlier commercial issues in the new denomination.

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