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10 Colones
| Issuer | Banco Internacional de Costa Rica |
|---|---|
| Year | 1929 |
| Type | Log in to see details |
| Value | 10 Colones (10 CRC) |
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| Obverse description | Orange intaglio print on yellow underprint, with black serial numbers. Central vignette shows workers harvesting coffee beans, surrounded by intricate guilloche borders. Denomination numeral "10" appears at upper corners within ornamental cartouches. |
|---|---|
| Obverse lettering | 10 BANCO INTERNACIONAL DE COSTA RICA CAJA DE CONVERSIÓN LA CAJA DE CONVERSIÓN PAGARÁ AL PORTADOR Y A LA VISTA LA CANTIDAD DE DIEZ COLONES EN MONEDA ACUÑADA DE ORO DE LOS ESTADOS UNIDOS DE AMÉRICAM O EN LETRAS DE CAMBIO A LA VISTA SOBRE NUEVA YORK A OPCION DEL ADMINISTRADOR, EN LA RELACIÓN DE UN DOLAR POR CADA CUATRO COLONES. Acuerdo No. 28 SAN JOSE, 5 de Febrero de 1928 EL SECRETARIO DE HACIENDA EL DIRECTOR THOMAS DE LA RUE & CO LD. LONDRES INGLATERRA (Translation: International Bank of Costa Rica. Conversion office. The Conversion office will pay the bearer on sight the amount of ten colones, in minted gold coin of the United States of America, or in bills of exchange in New York at the option of the administrator, at the exchange rate of one dollar for every four colones. Agreement No. 28. San Jose, February 5th, 1928. The Secretary of the Treasury. The Director. Thomas de la Rue & Co. Ld. London, England.) |
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| Comments |
The Banco Internacional de Costa Rica was a state-controlled institution created in 1914 after the government effectively nationalized the old Banco de Costa Rica's banking privileges. By 1929, it held a monopoly on currency issuance, a position it would retain until the Banco Central de Costa Rica absorbed its functions in 1950. This note belongs to that monopoly period — De La Rue produced the series in London as Costa Rica lacked domestic printing capacity for secure currency.
Pick 189 is the 10 Colones denomination from a broader series that ran through the late 1920s and into the 1930s. Surviving examples in any grade are not especially common, likely reflecting active use during a period of economic stress following the 1929 global crash.