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10 Pesos
| Issuer | Banco Nacional del Salvador |
|---|---|
| Year | 1907 |
| Type | Log in to see details |
| Value | 10 Pesos |
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| Composition | Log in to see details |
| Size | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO NACIONAL DEL SALVADOR AMÉRICA CENTRAL Pagará al portador a la vista y en efectivo moneda DIEZ DIEZ DIEZ PESOS SAN SALVADOR FEBRERO 15 DE 1907 |
| Reverse description | The reverse is printed in brown on a pale background, dominated by an elaborate guilloche pattern across the entire field with a large ornamental monogram or cipher at the centre. The bank title EL BANCO NACIONAL DEL SALVADOR is set in a curved banner across the upper portion, with numeral 10 counters at upper left and upper right corners. The inscription SAN SALVADOR appears in a straight banner at the base, and two circular handstamp cancellations are visible over the central vignette. |
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| Comments |
Banco Nacional del Salvador was chartered in 1891 and held the right of note issue in El Salvador until the Banco Agrícola Comercial briefly challenged that monopoly in the early 1900s. By 1907, political pressure on the government to consolidate financial control was already building — this series was issued during a period when the bank's future as sole issuer was far from guaranteed. Within a decade, the whole Salvadoran private banking system would be restructured.
The American Bank Note Company engraved and printed the full series from its New York facility, as it did for dozens of Latin American issuers during this period. Salvadoran notes from this era are scarce in any condition — circulation in rural areas was rough on paper currency, and institutional preservation was inconsistent at best.