Catalog
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| Issuer | Banco Particular de Descuento i Circulación de Guayaquil |
|---|---|
| Year | 1862-1866 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO PARTICULAR DE DESCUENTO I CIRCULACION DE GUAYAQUIL AMERICAN BANK NOTE COMPANY NEW YORK VALE CUATRO REALES CUATRO GUAYAQUIL |
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| Reverse lettering | BANCO PARTICULAR DE DESCUENTO I CIRCULACION DE GUAYAQUIL VALE CUATRO REALES GUAYAQUIL |
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| Comments |
The Banco Particular de Descuento i Circulación de Guayaquil was one of Ecuador's earliest private issuing banks, operating during a period when the national government had neither the infrastructure nor the credibility to issue its own paper currency. Regional coastal merchants, particularly those tied to cacao export capital, effectively bankrolled the institution. The American Bank Note Company's involvement placed this note among the better-engraved issues circulating in western South America at the time — ABNCo was the dominant security printer for Latin American private banks throughout the 1860s.
The 4 reales denomination reflects Ecuador's transitional monetary arithmetic, still reckoned in colonial fractional units before the sucre system arrived in 1884.