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5 Sucres Reduced size, Sucre looking right

Issuer Banco Central del Ecuador
Year 1950-1955
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Currency Sucre (1884-2000)
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Obverse description Green and black intaglio on a guilloche underprint, with the central vignette occupied by a portrait of Mariscal Antonio José de Sucre facing right. The bank title arches across the upper register, while the numeric denomination is repeated at each corner and along both lateral margins. Two signature lines appear at the foot of the note, with date and series designation in black letterpress.
Obverse lettering BANCO CENTRAL DEL ECUADOR SOCIEDAD ANÓNIMA SERIE AAA 5 5 MARISCAL SUCRE CINCO SUCRES Quito Mayo 11 de 1950
(Translation: Central Bank of Ecuador Anonymous Society Serie AAA 5 Marshal Sucre Five Sucres Quito, May 11th., 1950)
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Comments

Waterlow & Sons produced this series under contract at a point when the firm was already deep into the scandal that would destroy it — the Waterlow-Speyer affair had already been litigated, and the company was operating under the long shadow of the Portuguese escudo forgery case that had bankrupted the Bank of Portugal in the 1920s. By 1950, Waterlow was rebuilding its security printing reputation through exactly these kinds of South American central bank contracts.

The "reduced size" designation in the series name distinguishes it from the earlier, larger-format 5 Sucres notes and reflects a deliberate policy shift by the Banco Central toward more economical paper use in the postwar period. Pick #98 is the last distinct type in the 5 Sucres sequence before Ecuador redesigned the denomination entirely in the mid-1950s.