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| 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. |
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| 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.