Catalog
20 Pesos
| Issuer | Banco de Occidente |
|---|---|
| Year | 1921 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | BANCO DE OCCIDENTE QUEZALTENANGO EN QUEZALTENANGO 2 de Noviembre de 1921 Nº 1835616 PAGARA AL PORTADOR EN MONEDA DE CAVA 20 VEINTE PESOS 20 Y A LA PRESENTACION REPUBLICA DE GUATEMALA VEINTE DIRECTOR GERENTE |
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| Reverse lettering | BANCO DE OCCIDENTE QUEZALTENANGO 20 VEINTE PESOS LIBERTAD 15 DE SET. DE 1821 WATERLOW & SONS LIMITED LONDON WALL LONDON E.C. |
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| Comments |
Banco de Occidente was a regional Colombian bank headquartered in Cali, one of several private banks authorized to issue currency under the free-banking legislation that had governed Colombia since the 1880s. That system was already dying by 1921 — the Banco de la República was established in 1923 with a note-issuing monopoly, rendering private bank currency obsolete almost immediately. Notes from this late period were often printed in quantity but circulated briefly before being called in.
Waterlow & Sons handled the plates. Colombian private bank issues from this printer are generally well-executed, though the short redemption window after 1923 means surviving examples tend to show light use at most.