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10 Sucres
| Issuer | Compañía de Crédito Agrícola e Industrial |
|---|---|
| Year | 1921 |
| Type | Log in to see details |
| Value | 10 Sucres |
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| Composition | Log in to see details |
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| Obverse description | Black and dark green intaglio engraving on white paper with a multicolour guilloche underprint in the centre. At left, a seated male allegorical figure representing agriculture holds a sheaf of wheat, while at right a seated female allegorical figure holds a ship model on a tray, symbolising commerce; denomination numeral '10' appears in the lower corners. The upper portion carries the issuer's full title in bold letterpress, with 'DIEZ SUCRES EN MONEDA CORRIENTE' inscribed below the central oval guilloche medallion, 'QUITO' at lower left, and printer's imprint 'AMERICAN BANK NOTE COMPANY' at the bottom. |
|---|---|
| Obverse lettering | LA COMPAÑÍA DE CRÉDITO AGRÍCOLA E INDUSTRIAL SOCIEDAD ANÓNIMA PAGARÁ AL PORTADOR A LA VISTA SERIE D CAPITAL DIEZ SUCRES EN MONEDA CORRIENTE Quito, PRESIDENTE GERENTE AMERICAN BANK NOTE COMPANY |
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| Comments |
The Compañía de Crédito Agrícola e Industrial was one of several regional Ecuadorian banks authorized to issue private banknotes under the country's decentralized banking laws of the late nineteenth and early twentieth centuries. This arrangement — multiple private issuers circulating their own paper simultaneously — persisted until the Ley Orgánica de Bancos of 1927 and the founding of the Banco Central del Ecuador ended private note issue entirely. This 10 Sucres note was printed just six years before that consolidation wiped out the entire class of issuer.
ABNC's contract work for Ecuadorian private banks during this period is well documented. The New York plates were shared and adapted across multiple clients, which occasionally produces near-identical border treatments on notes from entirely different institutions.