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5 Colones
| Issuer | Banco Nacional de Costa Rica |
|---|---|
| Year | 1937-1938 |
| Type | Log in to see details |
| Value | 5 Colones (5 CRC) |
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|---|---|
| Obverse lettering | 5 BANCO NACIONAL DE COSTA RICA DEPARTAMENTO EMISOR BANCO INTERNACIONAL DE COSTA RICA CAJA DE CONVERSIÓN LA CAJA DE CONVERSIÓN PAGARÁ AL PORTADOR Y A LA VISTA LA CANTIDAD DE CINCO COLONES EN MONEDA ACUÑADA DE ORO DE LOS ESTADOS UNIDOS DE AMÉRICAM O EN LETRAS DE CAMBIO A LA VISTA SOBRE NUEVA YORK A OPCION DEL ADMINISTRADOR, EN LA RELACIÓN DE UN DOLAR POR CADA CUATRO COLONES. Acuerdo No. 5 SAN JOSE, 22 de Junio de 1938 EL SECRETARIO DE HACIENDA EL DIRECTOR THOMAS DE LA RUE & CO LD. LONDRES INGLATERRA El Vicepresidente, El Gerente, (Translation: National Bank of Costa Rica. Issuing department. International Bank of Costa Rica. Conversion office. The Conversion office will pay the bearer on sight the amount of five colones, in minted gold coin of the United States of America, or in bills of exchange in New York at the option of the administrator, at the exchange rate of one dollar for every four colones. Agreement No. 5. San Jose, June 22nd, 1938. The Secretary of the Treasury. The Director. Thomas de la Rue & Co. Ld. London, England. The Vice president. The Manager.) |
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| Reverse lettering | 5 BANCO INTERNACIONAL DE COSTA RICA CAJA DE CONVERSIÓN THOMAS DE LA RUE & CO LD. LONDRES INGLATERRA BANCO NACIONAL DE COSTA RICA BANCO DEPARTAMENTO EMISOR Aunque este título expresa que es un certificado de la Caja de Conversión no es sino un billete corriente habilitado como tal por el Departamento Emisor del Banco Nacional de Costa Rica en uso de la facultad que le confiere la Ley N. 16 de 5 de noviembre de 1936. San José, junio de 1938. El Vicepresidente, El Gerente, (Translation: International Bank of Costa Rica. Conversion office. Thomas de la Rue & Co. Ld. London, England. National Bank of Costa Rica. Issuing department. Although this title states that it is a certificate from the Conversion Fund, it is actually a standard banknote authorized as such by the Issuing Department of the National Bank of Costa Rica, using the power conferred by Law No. 16 of November 5, 1936. San José, June 1938. The Vice President. The Manager.) |
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| Comments |
The Banco Nacional de Costa Rica was itself a relatively recent creation when this note was issued — established in 1914 as a state institution to consolidate a chaotic field of private bank issuers, it had been granted a full monopoly on note issuance only in 1936, just a year before this series appeared. The 1937–38 dates on P#198 effectively mark the first years of that consolidated authority functioning without competition.
De La Rue produced the series in London, a common arrangement for Central American issuers who lacked domestic printing infrastructure capable of meeting security standards. The relationship between BNCR and De La Rue persisted across multiple series through the mid-century.