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100 Quetzales Banco de Guatemala, 2nd. type
| Issuer | Banco de Guatemala |
|---|---|
| Year | 1955-1959 |
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| Composition | Paper |
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|---|---|
| Obverse lettering | 100 BANCO DE GUATEMALA GUATEMALA, CENTRO AMÉRICA 148728 Autorización de 16 Enero 1957 INDIO DE NAHUALA PRESIDENTE GERENTE PRESIDENTE DEL TRIBUNAL DE CTAS. CIEN QUETZALES WATERLOW & SONS LIMITED, LONDRES (Translation: Bank of Guatemala Guatemala, Central America Authorization of January 16th., 1957 Nahuala indian man President, Manager, President of Accounts Tribunal One Hundred Quetzales Waterlow & Sons Limited, London.) |
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| Reverse lettering | BANCO DE GUATEMALA 100 VALLE DE LA ANTIGUA CIEN QUETZALES AMERICAN BANK NOTE COMPANY (Translation: Bank of Guatemala Valley of the Antigua (Antigua Guatemala city) One Hundred Quetzales) |
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| Comments |
Waterlow & Sons produced this series for Guatemala during a stretch of significant political instability — the 1954 CIA-backed coup that removed Jacobo Árbenz had only just reshuffled the country's financial administration, and the Banco de Guatemala was issuing under a newly compliant government. Whether that political rupture directly influenced the contract with Waterlow is not documented, but the timing is tight.
Waterlow lost its reputation catastrophically in 1929 after the Reis affair — a Portuguese forger named Artur Virgílio Alves Reis tricked the firm into printing unauthorized escudo notes. The company survived but spent decades rebuilding institutional trust, which makes their Latin American contracts of the 1950s partly a story of reputational recovery.