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100 Quetzales

Issuer Banco de Guatemala
Year 1983-1987
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Printer Giesecke & Devrient, Munich, Germany
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Obverse description Portrait of Francisco Marroquín, first Bishop of Guatemala, in intaglio at right, with a quetzal bird and a Mayan ceremonial figure vignette at left against a multicolour guilloche underprint. The denomination "100" appears in the lower left corner and at upper left, with the bank title "BANCO DE GUATEMALA / GUATEMALA, CENTRO AMERICA" across the top. Two facsimile signatures with titles appear at the lower centre, with the authorization date inscribed vertically at the right margin.
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Reverse lettering BANCO DE GUATEMALA
CIEN QUETZALES
100
GIESECKE & DEVRIENT MUNICH
LA UNIVERSIDAD DE SAN CARLOS DE BORROMEO FUNDADA EN 1676, EN SU ANTIGUA COLEGIO MAYOR, ANTIGUA GUATEMALA
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Comments

Giesecke & Devrient had been supplying Guatemalan notes since the 1970s, and this series continued that relationship through one of the most violent periods in the country's modern history — the early 1980s counterinsurgency campaigns under Ríos Montt and his successor Mejía Víctores coincided almost exactly with this note's issue window. Whether that political chaos affected circulation patterns or note-return rates is not well documented, but the 100 Quetzal denomination was the highest in regular circulation at the time, making it a significant instrument for a dollarizing informal economy.

The security thread in this series is a plain unprinted filament — early by later standards, but consistent with G&D's production norms for Latin American contracts of that period.