Catalog
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| Issuer | Banco Occidental |
|---|---|
| Year | 1916 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1863-1925) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO OCCIDENTAL REPUBLICA DE EL SALVADOR PAGARA A LA VISTA AL PORTADOR CIEN PESOS EN MONEDA EFECTIVA San Salvador, Febrero de 1916 |
| Reverse description | The reverse is printed in green and displays an elaborate guilloche pattern with the denomination numeral 100 repeated in each corner. A central oval vignette bears the BANCO OCCIDENTAL inscription surrounding a circular seal, flanked by the arms of El Salvador at left within a circular guilloche rosette, above the legend TRIBUNAL SUPERIOR DE CUENTAS. The imprint of the American Bank Note Company appears at the lower margin. |
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| Comments |
Banco Occidental was a regional Colombian bank operating out of Cali, and by 1916 it was already fighting for survival. The Colombian banking reforms of the early twentieth century — and particularly the eventual nationalization push that would consolidate currency issuance under the Banco de la República after 1923 — effectively ended the commercial bank note period in Colombia. Notes like this one were products of a system with a known expiration date.
The American Bank Note Company contract is worth noting: ABNC handled a large share of Latin American private bank issues in this period, and their Colombian client list was extensive enough that plate-sharing and design recycling between issues of different banks is a documented phenomenon with this printer and this country.