Catalog
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| Issuer | Banco del Ecuador |
|---|---|
| Year | 1899-1926 |
| Type | Standard circulation banknote |
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| Obverse description | Multicolour note with a central oval intaglio vignette of a laureate female head, flanked by the denomination numeral '5' on both sides. To the left, a vignette of a standing male figure in peasant dress; to the right, a classical allegorical group of a seated woman with a child and a putto below. The bank title 'BANCO DEL ECUADOR' arcs across the top, with 'COMPAÑIA ANONIMA' to the upper right and capital amount '$3.000.000' inscribed centrally above the portrait. A pink guilloche underprint runs across the lower portion, bearing the overprint 'SPECIMEN' in red and cancellation punch holes, with 'Guayaquil' and 'GERENTES' inscribed in the signature area. |
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| Obverse lettering | BANCO DEL ECUADOR COMPAÑIA ANONIMA Capital $3.000.000 Cinco Sucres EN MONEDA CORRIENTE Guayaquil GERENTES CINCO 5 SPECIMEN |
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| Comments |
The Banco del Ecuador was one of several private Ecuadorian banks granted note-issuing privileges under the system of free banking that characterized the country through the late nineteenth and early twentieth centuries. That arrangement collapsed decisively in 1927 when the Banco Central del Ecuador was established and private issuance was brought to an end — the long date range on this series reflects exactly that arc, from relatively stable issuance through the prolonged political and monetary turbulence of the 1920s.
ABNC produced the plates in New York. The series ran across nearly three decades without a fundamental redesign, which was not unusual for Ecuadorian private bank issues of this period.