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100 Pesos

Issuer República de Costa Rica (Ministerio de Hacienda y Guerra)
Year 1865
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Value 100 Pesos
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Obverse description Black intaglio print on brown and green underprint; national coat of arms vignette at left, Legislative Palace building vignette at right. Denomination "CIEN" and "100" appear within the text panel, with issuing authority and promise-to-pay legend in Spanish across the centre.
Obverse lettering 100
CIEN
REPUBLICA DE COSTA RICA
Las Administraciones de las Rentas
Publicas pagarán al Portador la Suma de CIEN PESOS
en moneda acuñada y corriente de este Pais.
SAN JOSÉ DE COSTA RICA, 2 de Enero de 1865
EL SECRETARIO DE HACIENDA
EL ADMINISTRADOR PRINCIPAL
MINISTERO DE HACIENDA Y GUERRA
REPUBLICA DE COSTA RICA
AMERICA CENTRAL
BRADBURY, WILKINSON & Co. BANK NOTE ENGRAVERS, LONDON
(Translation: One hundred. Republic of Costa Rica. The Public Revenue Administrations will pay to the bearer the sum of one hundred pesos in minted and current money of this country. San José, Costa Rica, January 2nd, 1865. The Secretary of the Treasury. The Principal Administrator. Ministry of Finance and War. Republic of Costa Rica. Central America.)
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Comments

Costa Rica's 1865 issue predates the establishment of the Banco Nacional by decades — these notes were obligations of the treasury itself, not a central bank, issued at a moment when the country had no formal banking institution capable of currency emission. The Ministerio de Hacienda y Guerra combining finance and war portfolios under one roof was not unusual for the region at the time, but it gave the notes an unusually direct relationship to state solvency rather than monetary policy.

Bradbury, Wilkinson engraved and printed for dozens of Latin American governments throughout the nineteenth century, and their work on this series is consistent with the quality they brought to comparable issues in the region. Survival rate is low — Costa Rica's tropical climate has not been kind to nineteenth-century paper.

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