Catalog
50 Pesos
| Issuer | Banco Occidental |
|---|---|
| Year | 1919 |
| Type | Log in to see details |
| Value | 50 Pesos |
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| Composition | Log in to see details |
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| Obverse description | Dark green intaglio-printed note with the bank title EL BANCO OCCIDENTAL in an arched banner across the top, flanked by numeral 50 counters in each upper corner. The central vignette is dominated by a large guilloche-framed numeral 50, with a vignette of a multi-story building to the left and a steamship or locomotive scene at a waterfront to the right. The lower border bears the date 1° de Setiembre de 1919, the place San Salvador, the denomination CINCUENTA PESOS, and the imprint of the American Bank Note Co., New York, with SPECIMEN overprints in red and cancellation punch holes. |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | BANCO OCCIDENTAL REPUBLICA DE EL SALVADOR 50 AMERICAN BANK NOTE COMPANY, NEW YORK |
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| Comments |
Banco Occidental was one of several regional Colombian banks still operating under the country's decentralized banking regime before the 1923 Kemmerer Mission pushed through the reforms that established the Banco de la República and effectively ended private note issue. This 50 Pesos note, printed by American Bank Note Company in New York, dates from the final years of that system — by 1923, notes like this were being called in and the issuing banks wound down.
Colombian private bank issues of this period are frequently encountered with heavy cancellation punches, applied during redemption. Uncancelled survivors of the Occidental series are considerably harder to find.