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10 Colones

Issuer Banco Mercantil de Costa Rica
Year 1910
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Reference(s) P#S202
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Obverse lettering BANCO MERCANTIL DE COSTA RICA
EL BANCO MERCANTIL DE COSTA RICA
PAGARA AL PORTADOR A LA VISTA
LA CANTIDAD DE DIEZ COLONES
EN MONEDA ACUÑADA DE ORO
SAN JOSÉ
SÉRIE A
SPECIMEN
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Reverse lettering BANCO
MERCANTIL DE COSTA RICA
10
AMERICAN BANK NOTE COMPANY, NEW YORK
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Comments

The Banco Mercantil de Costa Rica was a private commercial bank operating under Costa Rica's free banking period, when multiple institutions held concurrent note-issuing privileges. That arrangement ended when the government progressively consolidated issuance through the early twentieth century, eventually centralizing it entirely — making surviving private bank notes like this one terminal artifacts of a system that was already being wound down when this note was printed.

ABNC produced the plates in New York under their standard intaglio process. The S-prefix in the Pick reference designates this as a private issuer note, distinct from the national government series.

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