Catalog
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| Issuer | Banco de Occidente en Quezaltenango |
|---|---|
| Year | 1900 |
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| Printer | Waterlow & Sons Limited, United Kingdom (1810-1961) |
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| Obverse description | Black intaglio print on a green and red underprint, with red serial numbers. At the left margin, an allegorical female figure of Liberty in classical dress wears a Phrygian cap and holds a laurel wreath; at the right margin, a vignette shows women engaged in field harvesting. The central design element is a quetzal (Pharomachrus mocinno) rendered in fine engraving, flanked by the bank's title and denomination text. |
|---|---|
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| Reverse lettering | BANCO DE OCCIDENTE · QUEZALTENANGO · LIBERTAD 15 DE SET. DE 1821 (Translation: Bank of the West · Quezaltenango · Freedom 15 September 1821) |
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| Comments |
The Banco de Occidente en Quezaltenango was one of several regional private banks chartered in Guatemala during the liberal reform period of the late nineteenth century, competing directly with the Guatemala City-based institutions for commercial dominance in the western highlands. Quezaltenango was Guatemala's second city and a significant center of coffee export trade, which drove demand for regional credit instruments independent of the capital.
Waterlow & Sons printed the bulk of Guatemala's private bank paper during this era. The 50 centavos denomination was the workhorse of small commercial transactions in provincial markets, and these notes circulated hard.