10 Colones

The Banco Central de Reserva de El Salvador was established in 1934 under a currency reform that ended the monopoly of private commercial banks over note issue — a reorganization driven largely by pressure from the Salvadoran government responding to the economic devastation of the early 1930s depression. This note falls within the post-war decade when the Central American coffee economy was recovering, and dollar parity was the political priority shaping denomination policy.

American Bank Note Company's New York production for this series is consistent with El Salvador's long-standing relationship with ABNC, which supplied most of the republic's circulating paper through the mid-twentieth century. The P#85 type ran across nearly a decade of issue dates, making date-specific examples meaningfully distinct from one another for census purposes.