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2 Sucres
| Issuer | Banco del Ecuador |
|---|---|
| Year | 1907 |
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| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Reference(s) | P#S154 |
| Obverse description | Black intaglio on light orange underprint. Central vignette of a seated allegorical female figure of Commerce, accompanied by bales and a caduceus. Series D designation present; design equivalent to P#S153. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Olive-green guilloche design with large numeral "2" appearing at left and right flanking a central lozenge cartouche bearing the issuer inscription "BANCO DEL ECUADOR GUAYAQUIL". Printer imprint of American Bank Note Co., New York along the lower margin. |
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| Comments |
Banco del Ecuador was one of several private Ecuadorian banks authorized to issue currency during the country's era of free banking, before the 1927 Kemmerer Mission reorganized the monetary system and ultimately concentrated note-issuing authority in the newly created Banco Central del Ecuador. By 1907, Banco del Ecuador was already the dominant commercial bank in Guayaquil, its notes circulating far more widely than those of its rivals in Quito.
The American Bank Note Company handled production, as it did for the overwhelming majority of Latin American private bank issues of this period. ABNC's Guayaquil-area commissions were substantial and consistent through the early twentieth century.