Catalog
1000 Sucres
| Issuer | Banco Central del Ecuador |
|---|---|
| Year | 1969-1973 |
| Type | Log in to see details |
| Value | 1000 Sucres (1000 ECS) |
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| Obverse description | Black intaglio on multicolour underprint. A vignette of the Central Bank of Ecuador building occupies the centre of the note, with the issuer's name arched across the top. The face value appears in numerals at all four corners and flanking the central vignette, and in words along the lower centre; red serial numbers are printed in the upper left and upper right, with a two-letter series prefix at lower left and lower right, and the date and place of issue in black at the top. |
|---|---|
| Obverse lettering | BANCO CENTRAL DEL ECUADOR SOCIEDAD ANONIMA Quito, Septiembre 20 de 1.973 1000 UN MIL SUCRES AMERICAN BANK NOTE COMPANY (Translation: Central Bank of Ecuador, Anonymous Society Quito, September 20th., 1973 One Thousand Sucres) |
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| Comments |
The Banco Central del Ecuador leaned heavily on the American Bank Note Company throughout the mid-twentieth century, and this high-denomination 1000 Sucres issue reflects that long dependence on New York-printed currency. Ecuador had no domestic security printing capability of its own during this period, making ABNC the default for prestige denominations.
The sucre itself had been under sustained inflationary pressure since the 1950s, and by the early 1970s a 1000-sucre note — once an exceptional denomination — was becoming routine commercial tender. Ecuador would eventually replace the sucre entirely with the US dollar in 2000, one of the more dramatic currency abandonments in Latin American history.