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10 Quetzales

Issuer Banco de Guatemala
Year 1995
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Value 10 Quetzales (10 GTQ)
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Obverse description The right portion carries an intaglio portrait of General Miguel Garcia Granados against a fine guilloche underprint in rose and light blue. To the left, a vignette of the national bird, the Resplendent Quetzal, perches beside a Mayan carved figure, with the large numeral '10' in ornate red at center. The bank title 'BANCO DE GUATEMALA' and 'GUATEMALA CENTRO AMERICA' appear at the top, with the denomination 'DIEZ QUETZALES' inscribed below the central vignette and three signature lines for Gerente, Presidente, and Contralor General de Cuentas along the lower margin.
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Protection description the Resplendent Quetzal visible when held to light; embedded security thread running vertically through the note.
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Comments

The Banco de Guatemala transitioned to the Canadian Bank Note Company for much of its modern production, a relationship that brought consistent intaglio quality to the quetzal series through the 1990s. By 1995, Guatemala's banking system had survived decades of monetary stress — including the inflationary pressures of the 1980s civil conflict period — and this issue circulated during a relatively stable phase following structural adjustment programs negotiated with the IMF earlier that decade.

P#89 is part of a long-running series format that saw incremental security upgrades rather than full redesigns. The security thread on this issue is a simple embedded strip, predating the more sophisticated windowed threads that would appear in later Guatemalan issues.

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