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100 Quetzales Banco de Guatemala, 2nd. type

Issuer Banco de Guatemala
Year 1955-1959
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Size 156 × 67 mm
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Reverse description Dark blue intaglio printing on light blue underprint, centred on a panoramic vignette of Antigua Guatemala with Cerro de la Cruz visible in the background. The issuer name is inscribed at top; face value numerals appear at all four corners and in large format on the lateral margins, with the value in words below the central vignette. The printer's imprint appears at the bottom margin.
Reverse lettering BANCO DE GUATEMALA 100 VALLE DE LA ANTIGUA CIEN QUETZALES AMERICAN BANK NOTE COMPANY
(Translation: Bank of Guatemala Valley of Antigua (Antigua Guatemala city) One Hundred Quetzales)
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Comments

Waterlow & Sons produced this series during the mid-1950s, a period when the Banco de Guatemala was operating under the monetary framework established by the 1945 Ley Monetaria — the legislation that had formalized the quetzal's one-to-one parity with the US dollar. That parity held, and the 100-quetzal note was a high-denomination instrument rarely seen in ordinary transactions.

Waterlow's contract work for Central American issuers was already winding down by this point; the firm collapsed in 1961 following financial difficulties, and many of its outstanding plate agreements transferred to De La Rue.

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