25 Pesos

The Estado de Honduras issues of the 1860s predate any national central bank by decades — Honduras had no formal banking institution until the late nineteenth century, and these early peso notes were state-issued instruments operating in a monetary environment dominated by foreign coin, particularly Mexican silver. The 1862 series is among the earliest documented paper issues attributed to Honduras, which makes surviving examples genuinely rare rather than artificially scarce.

Pick 6G designation suggests this is a sub-variety within the broader 1862 issue, though documentation on the individual variants remains thin in the standard references.