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5 Pesos

Issuer Banco Americano
Year 1883
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Shape Rectangular
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Obverse description Intaglio-printed note with a portrait vignette of a young woman in ornate headpiece at left, within a fine guilloche border. Central panel carries the bank name EL BANCO AMERICANO in bold script, with the denomination CINCO PESOS repeated in letterpress above and below. Date and place of issue BARRANQUILLA, 1 de Enero de 1883 appear in the lower centre field, with EL DIRECTOR signature line beneath.
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Variants P#S213s - Specimen, Waterlow & Sons Limited
Comments

Banco Americano was a short-lived private banking concern operating in Ecuador during the brief window of free banking that preceded the country's consolidation of note-issuing authority. The 1883 date places this note in a politically turbulent period — Ecuador had only recently emerged from the instability following Gabriel García Moreno's assassination in 1875, and competing private banks were scrambling for commercial footing.

Waterlow & Sons printed for dozens of Latin American issuers simultaneously, and their Ecuador output from this period shares plate characteristics across multiple banks. The S-prefix Pick reference confirms private bank status under the Ecuadorian series.