10 Pesos

Banco de Honduras was a private commercial bank operating under concession from the Honduran government, not a central bank — the country wouldn't establish a proper central banking authority until the Banco Central de Honduras was founded in 1950. Notes like this one circulated alongside issues from competing concession banks, creating a fragmented currency environment that made counterfeiting comparatively easier to sustain undetected.

The American Bank Note Company's New York plant handled the full production. By 1913 ABNC had long been the dominant supplier to Latin American issuers, and their Honduras work followed the same high-intaglio security printing they applied across the region.