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20 Sucres
| Issuer | Banco Comercial y Agrícola |
|---|---|
| Year | 1895 |
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| Shape | Rectangular |
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| Obverse description | Black on blue and yellow underprint. Vignette of a threshing machine at right. Similar to #S129, with CAPITAL S/2,000,000 notation. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Printed in blue. Central guilloche oval cartouche bearing the bank name flanked by ornate lace-pattern borders. Intaglio vignette at right depicts a colonial street scene with horse-drawn cart and figures, buildings with balconies lining the thoroughfare. |
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| Comments |
The Banco Comercial y Agrícola was Ecuador's dominant private issuing bank from the 1890s through the 1920s, and its notes functioned as the country's de facto circulating currency for decades. The bank's political entanglements were considerable — it held the national government's accounts and financed state debt, which gave it extraordinary leverage and, eventually, made it the central target of the 1925 Revolución Juliana, when military reformers dismantled the private banking monopoly and created the Banco Central del Ecuador in its place.
The ABNC plate work for this 1895 series predates that collapse by thirty years. Notes of this denomination and period rarely survived in quantity — the Ecuadorian coastal climate is brutal on cotton paper, and heavy commercial use accelerated deterioration.