2 Colones Silver Certificate

Costa Rica's Administración de Rentas Públicas was a fiscal arm of the government rather than a bank, and its silver certificates were tied directly to declared silver reserves — a meaningful distinction in a country that had no central bank until 1950. The ABNC contract for this series placed production firmly in New York, though the notes circulated in a monetary environment still heavily influenced by coffee export cycles and the chronic instability of Central American exchange rates during the early 1920s.

The four-year date span on Pick 151 reflects reissue across multiple fiscal periods rather than a single print run.