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100 Pesos
| Issuer | Banco de Quito |
|---|---|
| Year | 1880 |
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| Value | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Black and orange intaglio note with a central guilloche underprint. At left, a classical allegorical female figure is seated beside a column, while at right a vignette depicts a coastal landing scene with several figures, likely a historical or exploratory subject. The Ecuadorian coat of arms appears in the upper centre, flanked by the bank title and denomination inscription, with the date 'Quito, Enero 2 de 1880' in manuscript below and two signature lines labelled 'El Gerente' and 'El Director' at the bottom. |
|---|---|
| Obverse lettering | BANCO DE QUITO VALE CIEN PESOS EN MONEDA CORRIENTE Quito, Enero 2 de 1880 EL GERENTE EL DIRECTOR CIEN 100 American Bank Note Co. New York |
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| Comments |
The Banco de Quito was one of several Ecuadorian provincial banks granted note-issuing rights under the 1871 banking law — a period when Ecuador had no central bank and private institutions filled the void, each issuing their own circulating currency backed by specie reserves of wildly varying credibility. The Banco de Quito was among the more solvent of these, though its notes were not universally accepted outside the capital.
American Bank Note Company's involvement was a deliberate credibility signal. Ecuadorian banks of this period frequently contracted ABNC precisely because the imprint carried weight with a note-handling public that had seen too many locally printed issues fail.