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5 Colones
| Issuer | Banco Agrícola Comercial |
|---|---|
| Year | 1922 |
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| Reference(s) | P#111 |
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|---|---|
| Obverse lettering | BANCO AGRÍCOLA COMERCIAL PAGARÁ A LA VISTA AL PORTADOR CINCO COLONES EN MONEDA ACUÑADA DE ORO San Salvador, 10 de Marzo de 1922 SERIE A GERENTE DIRECTOR CAJERO AMERICAN BANK NOTE COMPANY |
| Reverse description | The reverse is printed in green and carries a central oval portrait vignette of a woman, flanked by two smaller circular vignettes, all set within a dense guilloche border pattern. A circular overprint bearing the bank name 'BANCO AGRÍCOLA COMERCIAL' surrounds the central portrait, with the text 'ORA SON TOMAE N' visible across the upper field. The denomination numeral '5' appears at centre right, and the printer's imprint 'AMERICAN BANK NOTE COMPANY' is present at the lower margin. |
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| Comments |
Banco Agrícola Comercial was one of several private Salvadoran banks authorized to issue currency before the government's 1934 nationalization of note-issuing rights — a move that wiped out all competing circulation paper almost overnight. Notes from this bank survive in small numbers partly because the 1934 consolidation was abrupt, but also because El Salvador's rural economy in the 1920s meant heavy use and high attrition for low-denomination paper.
ABNC's involvement was essentially standard for Central American private banking issues of the period; the New York plates were expensive but guaranteed international credibility with foreign creditors.