Catalog
5 Colones
| Issuer | Banco Central de Reserva de El Salvador |
|---|---|
| Year | 1955-1959 |
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| Currency | Colón (1892-date) |
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| Obverse description | Olive-green on multicolour underprint. Central vignette shows a woman on a path with a fence in the background, carrying food baskets on her head and a pineapple in her hand, rendered in intaglio. Denomination numeral and bank title appear within a guilloche-enriched border frame, with the date and place of issue printed below the central vignette. |
|---|---|
| Obverse lettering | BANCO CENTRAL DE RESERVA DE EL SALVADOR PAGARÁ AL PORTADOR DE ACUERDO COM EL ARTÍCULO 39 DE SU LEY CONSTITUTIVA 5 CINCO COLONES SAN SALVADOR 25 DE ENERO DE 1957 (Translation: Central Reserve Bank of El Salvador Pay to Bearer Five Colons in according with article 39 of Constitutional Law San Salvador, January 25, 1957.) |
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| Comments |
Waterlow & Sons printed for El Salvador across several decades, and this series falls squarely in the middle of that relationship — a period when the Banco Central de Reserva was operating under the relative monetary stability that followed El Salvador's adoption of a fixed exchange rate pegging the colón to the U.S. dollar at 2.50, a rate that would hold without interruption until 2001.
Waterlow's liquidation in 1961 ended the contract, making this among the final Salvadoran issues to come off their London presses before Bradbury Wilkinson absorbed what remained of the firm.