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5 Pesos

Issuer Banco de Occidente
Year 1918
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Value 5 Pesos
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Obverse description Dark blue and pink bicolour note with a portrait vignette at left of a young woman with curled hair, framed by an ornate guilloche border bearing the inscription REPUBLICA DE GUATEMALA. At centre-right, a classical allegorical female figure is seated on rocks beside water with a sailing ship in the background. The bank title BANCO DE OCCIDENTE appears across the top with the denomination numeral 5 at both upper corners, and the place of issue QUEZALTENANGO and date 15 de Enero de 1918 are printed in the centre field above the promise-to-pay text PAGARÁ AL PORTADOR EN MONEDA EFECTIVA Y Á LA PRESENTACION.
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Reverse lettering BANCO DE OCCIDENTE
EN QUEZALTENANGO
LIBERTAD 15 DE SET. DE 1821
WATERLOW & SONS LIMITED, LONDON WALL, LONDON E.C.
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Comments

Banco de Occidente was a regional Colombian bank headquartered in Cali, and by 1918 it was operating under considerable pressure — the Law 51 of 1928 would eventually force the liquidation of most private Colombian banks of issue, though this note predates that reckoning by a decade. Waterlow & Sons had a long relationship with Colombian private banks, supplying engraved notes to several regional issuers simultaneously, which means the general design framework here likely shares plate elements with other Colombian provincial issues of the period.

Pick 177 is not commonly encountered, which may reflect limited original print runs rather than heavy circulation losses.