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10 Colones

Issuer Banco Central de Reserva de El Salvador
Year 1962-1966
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Value 10 Colones (10 SVC)
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Obverse description Brown intaglio print on multicolour underprint, centred on a portrait vignette of Manuel José Arce within an ornate guilloche frame. Black serial numbers appear at lower left and upper right, with the issuing authority's title arched across the top and denomination numerals at the corners.
Obverse lettering EL BANCO CENTRAL DE RESERVA DE EL SALVADOR PAGARÁ AL PORTADOR 10 X DIEZ COLONES SAN SALVADOR 27 de DICIEMBRE de 1966
(Translation: The Central Reserve Bank of El Salvador Will pay the bearer Ten Colons San Salvador, December 27, 1966)
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Comments

The Banco Central de Reserva de El Salvador was established in 1934 following the collapse of the private banking system during the global depression — previously, note issuance had been fragmented across competing commercial banks. By the 1962–1966 period, the Central Reserve Bank had consolidated monetary control entirely, and Thomas De La Rue's involvement reflects the institution's preference for prestige security printing over regional alternatives available through the 1950s and 60s.

De La Rue supplied El Salvador across multiple series during this period, and P#103 shares its general printing architecture with several concurrent denominations — which occasionally creates confusion in date attribution when signatures change mid-run without a new pick number assigned.

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