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5 Colones
| Issuer | Banco Central de Reserva de El Salvador |
|---|---|
| Year | 1934 |
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| Printer | American Bank Note Company, United States |
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| Obverse description | Olive-green and red on multicolour underprint. Central vignette of an allegorical female figure representing Agriculture, shown reclining against a bunch of bananas while holding a coffee branch, with a fruit tree, a basket of pineapples and a pumpkin in the composition. Guilloche borders frame the design on all sides. |
|---|---|
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| Reverse lettering | BANCO CENTRAL DE RESERVA DE EL SALVADOR 5 (Translation: Central Reserve Bank of El Salvador - 5) |
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| Comments |
The Banco Central de Reserva de El Salvador was itself only established in 1934, making this among the earliest notes issued under its authority. The institution replaced a fragmented system in which private commercial banks had previously held note-issuing privileges — a consolidation driven partly by the economic pressures following the collapse of coffee prices in the early 1930s, which hit El Salvador particularly hard given the country's near-total dependence on that single export crop.
ABNC's engraved work on this series is characteristically fine. The New York plates were used for several Salvadoran issues across the decade.