Catalog
10 Pesos
| Issuer | Banco del Ecuador |
|---|---|
| Year | |
| Type | Pattern or trial banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Uniform blue intaglio print with an elaborate guilloche framework throughout. A large central oval medallion encloses an allegorical seated female figure, encircled by the inscription DIEZ PESOS. Two circular medallions at the upper corners each carry the bank title BANCO DEL ECUADOR with GUAYAQUIL below, while two further rectangular medallions at the lower corners are inscribed 10 PESOS. Horizontal banners at the top and bottom of the note read DIEZ PESOS. |
| Reverse lettering | BANCO DEL ECUADOR DIEZ PESOS GUAYAQUIL 10 PESOS |
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| Comments |
Banco del Ecuador was one of several private banks of issue operating in Ecuador during the free banking period that ran, turbulently, from the 1860s through to 1898, when the government moved to consolidate currency authority. The ABNC printed multiple series for this issuer across several decades, and the P#141C falls within a sequence distinguished primarily by signature and date combinations rather than any redesign — the plates themselves were expensive and reused extensively.
Worth knowing: Ecuador's free banking era ended badly. The 1895–98 Liberal Revolution and subsequent monetary reforms under Eloy Alfaro collapsed the multi-bank note system, and surviving notes from Banco del Ecuador were either redeemed at discount or simply never presented. That redemption history is why circulated survivors are more common than uncirculated ones — the notes that stayed in pockets outlasted the ones locked in vaults.