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25 Pesos

Issuer Estado de Honduras
Year 1848
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Value 25 Pesos
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Obverse description Plain paper note with a decorative border of repeated ornamental units framing the entire note. At upper centre, the serial number is handwritten in ink above a central oval vignette bearing the text "VALE / VEINTICINCO PESOS" surrounded by a circular legend referencing the legislative decree and dated September 1848. To the left, a vertical cartouche in ornate script reads "ESTADO DE HONDURAS". At the lower margin, three columns identify the signatories by title, each with a handwritten signature below.
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Reverse description No image of the reverse is available; the reverse is presumed plain or uniface, consistent with emergency paper money issues of this period.
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Comments

The Estado de Honduras issues of the 1840s predate any central banking infrastructure in the country — these notes were effectively instruments of a nascent republican treasury operating on extremely limited means. Honduras had no domestic printing capability of consequence at the time, and details of who produced the P#5 series remain poorly documented in the literature.

Mid-nineteenth century Central American paper money is among the scarcest in the hemisphere. Humid climate, political instability, and low original print runs conspired against survival. The 1848 date places this issue squarely within the turbulent federalist collapse following the dissolution of the Central American Republic just years earlier.