Catalog
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| Issuer | Banco Central de Guatemala |
|---|---|
| Year | 1927-1928 |
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| Shape | Rectangular |
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| Obverse description | Orange intaglio print on a light-green and lilac guilloche underprint. At left, a portrait of President José María Orellana is set against a vignette of palm trees, a volcanic mountain, and a lake; a quetzal bird appears at right. A central legend panel carries the promise-to-pay inscription, with the law date rendered with or without overprint at centre. |
|---|---|
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| Reverse description | Uniform orange intaglio print on plain paper. The central rectangular vignette presents a lake and mountain landscape with reeds in the foreground, framed by ornate guilloche borders; a large circular blank medallion occupies the left field, while an elaborate numeral "2" within a dense lathe-work cartouche fills the right field. Denomination counters reading "2" appear at the lower left and right of the central vignette, with "DOS QUETZALES" lettered below it, and the printer's imprint of Thomas De La Rue & Company, Limited, London at the very foot of the note. |
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| Comments |
Guatemala's Banco Central was itself newly established in 1926, created as part of a sweeping monetary reform that abolished the old Caja Reguladora and introduced the quetzal as the national currency — pegged at par with the U.S. dollar. This note belongs to the bank's inaugural issue, printed by De La Rue in London before the institution had completed even its first full year of operation.
The "1st. print" designation distinguishes this from subsequent printings that followed as demand grew, making survival of this earliest run notably thinner in the market.