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2 Colones
| Issuer | Banco Internacional de Costa Rica / Caja de Conversión |
|---|---|
| Year | 1937-1938 |
| Type | Log in to see details |
| Value | 2 Colones (2 CRC) |
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| Obverse description | Multicolour note with red, purple, and black print over a yellow underprint. A right-facing portrait vignette of Christopher Columbus appears at lower left, with a plantation scene at centre and right, backed by a mountain landscape. Signature titles are overprinted in black. |
|---|---|
| Obverse lettering | 2 BANCO INTERNACIONAL DE COSTA RICA CAJA DE CONVERSIÓN LA CAJA DE CONVERSIÓN PAGARÁ AL PORTADOR Y A LA VISTA LA CANTIDAD DE DOS COLONES EN MONEDA ACUÑADA DE ORO DE LOS ESTADOS UNIDOS DE AMÉRICAM O EN LETRAS DE CAMBIO A LA VISTA SOBRE NUEVA YORK A OPCION DEL ADMINISTRADOR, EN LA RELACIÓN DE UN DOLAR POR CADA CUATRO COLONES. Acuerdo No. 4 SAN JOSE, 2 de Marzo de 1938 EL SECRETARIO DE HACIENDA EL DIRECTOR El Presidente El Gerente THOMAS DE LA RUE & CO LD. LONDRES, INGLATERRA (Translation: International Bank of Costa Rica. Conversion office. The Conversion office will pay the bearer on sight the amount of two colones, in minted gold coin of the United States of America, or in bills of exchange in New York at the option of the administrator, at the exchange rate of one dollar for every four colones. Agreement No. 4. San Jose, March 2, 1938. The Secretary of the Treasury. The Director. The President. The Manager. Thomas de la Rue & Co. Ld. London, England.) |
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| Comments |
The Banco Internacional de Costa Rica had a complicated institutional identity by the late 1930s — it operated simultaneously as a commercial bank and as the government's fiscal agent, with the Caja de Conversión functioning as the monetary authority responsible for maintaining the colón's exchange peg. Both names appearing on a single note reflects that dual arrangement rather than any printing error or reissue circumstance.
Thomas De La Rue's involvement here is unremarkable for the region — they held numerous Central American contracts through this period. What matters more is that this series was among the last issued under the old dual-authority structure before the 1940 banking reforms reorganized Costa Rica's financial institutions entirely.