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100 Colones

Issuer Banco Nacional de Costa Rica
Year 1942
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Reference(s) P#208
Obverse description Olive tint on multicolor underprint. A polychrome pre-Columbian ceramic vessel (Vaso Policromo) vignette at center, with ornate guilloche work in the side panels. Denomination and issuer title appear in the upper and lower margins.
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Reverse lettering BANCO NACIONAL DE COSTA RICA
DEPARTAMENTO EMISOR
100
CIEN
CIEN COLONES
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Comments

Waterlow & Sons held the Costa Rican contract through much of the mid-twentieth century, and this 1942 issue came during an unusual moment: Costa Rica declared war on the Axis powers in December 1941, days after Pearl Harbor, aligning itself firmly with the Allied nations. Government expenditure increased accordingly, and higher-denomination notes like this one saw heavier institutional use than retail circulation would typically demand.

Waterlow's intaglio work on the Central American contracts from this period is generally of high quality — the firm was still operating at full capacity before its later controversies caught up with it.

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