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10 Colones

Issuer Banco Central de Reserva de El Salvador
Year 1934
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Currency Colón (1892-date)
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Obverse description Olive-green and red on multicolour underprint. Central vignette shows an allegorical female figure representing Agriculture, reclining amid a bunch of bananas while holding a coffee branch, with a fruit tree and a basket containing pineapples and a pumpkin in the foreground. Denomination and bank title appear in intaglio lettering, with intricate guilloche patterns forming the underprint.
Obverse lettering BANCO CENTRAL DE RESERVA DE EL SALVADOR PAGARA AL PORTADOR DIEZ COLONES DE ACUERDO CON EL ARTICULO 39 DE SU LEY CONSTITUTIVA SAN SALVADOR 31 DE AGOSTO DE 1934.
(Translation: Central Reserve Bank of El Salvador — Pay to Bearer Ten Colones in accordance with Article 39 of its Constitutional Law, San Salvador, 31 August 1934.)
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Comments

El Salvador's Banco Central de Reserva was itself only established in 1934, created by legislative decree in July of that year as part of a broader monetary restructuring following the collapse of coffee prices and the fiscal damage of the early Depression years. This note is among the earliest issues from that institution — the bank had barely begun operations when these were printed.

The ABNC held long-running contracts with numerous Central American republics through this period, and the engraving quality reflects that familiarity. Pick 78 is scarcer than the 1- and 5-colón denominations from the same series, likely due to lower print runs at the higher face value.

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