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50 Pesos Banco Herediano
| Issuer | Banco Herediano |
|---|---|
| Year | 1881 (1881-1885) |
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| In circulation to | Yes |
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| Obverse description | Black intaglio print on orange guilloche underprint. Left vignette shows two allegorical female figures with fasces and cornucopia; right vignette bears an angel figure. Text panel carries hand-dated issue fields with spaces for Gerente and Presidente signatures. |
|---|---|
| Obverse lettering | EL BANCO HEREDIANO Pagará al Portador, Á LA VISTA, CINCUENTA PESOS en moneda acuñada. Heredia, ______ de _______ 188__ JERENTE. PRESIDENTE. Lith. American Bank Note Co. N.Y. (Translation: The Heredian Bank, will pay to the bearer at sight, fifty pesos, in minted gold coin. Manager. President.) |
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| Comments |
Banco Herediano was one of several provincial banks chartered in Costa Rica during the 1870s and 1880s under a deliberately decentralized banking policy — Heredia, Alajuela, and Cartago each had their own issuing institutions, a situation that created chronic interoperability problems as notes from one province circulated poorly in another. The American Bank Note Company supplied engraved plates to all of them, which produced the odd result of competing provincial currencies sharing a visual grammar.
The bank's note-issuing life was short. Legislation in 1900 consolidated Costa Rican currency under the Banco de Costa Rica, rendering all provincial issues obsolete. High-denomination survivors from the Herediano series are uncommon.