| Ön yüz açıklaması |
Black print on orange and yellow guilloche underprint. A steer head vignette occupies the center, flanked at left by a seated allegorical female figure and at center right by the Coat of Arms of the Republic of Honduras. The note is dated 1 October 1889 and overprinted SPECIMEN. |
| Ön yüz lejandı |
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| Arka yüz açıklaması |
Printed entirely in orange-red, the reverse is composed of dense, interlocking guilloche lacework forming four corner rosettes and an elaborate geometric border frame. At center, a large circular guilloche medallion carries the bank title in bold serif lettering, flanked on the left by the place name TEGUCIGALPA and on the right by the denomination CIEN PESOS, with the numeral 100 repeated in each quadrant. The printer's imprint appears at the foot of the design. |
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Banco de Honduras was a private commercial bank operating under Honduran government concession, not a central bank — its notes circulated as the functional currency of the republic at a time when Honduras had no state-issued paper money. The American Bank Note Company in New York handled the printing for much of Latin American private banking paper in this period, and Honduras was well within that orbit.
By 1889 the denomination was already ambitious given Honduras's monetary instability. The republic had struggled with near-constant fiscal crisis through the 1880s, driven partly by defaulted British railway loans. A 100 Peso note would have represented serious purchasing power, and high-denomination issues from distressed economies of this era frequently sat unissued in bank vaults rather than passing through commercial hands.