5 Colones

Banco Anglo Costarricense was a British-backed commercial bank operating in Costa Rica under concession from the government, one of three private banks authorized to issue currency before the Banco Internacional de Costa Rica took over the monopoly in 1914. This note falls within the transitional years when that privilege was being wound down — notes issued after 1914 under this series were technically still valid but the political ground had already shifted.

The American Bank Note Company held a near-total grip on Central American currency printing during this period, and the S122 series reflects their standard intaglio production for the region. Known examples show significant foxing along the margins, likely a result of Costa Rica's humid storage conditions rather than heavy use.