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500 Colones Series C
| Issuer | Banco Central de Costa Rica |
|---|---|
| Year | 1987-1989 |
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| Printer | Thomas De La Rue & Company, London, United Kingdom |
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| Obverse description | Rust brown-orange intaglio print on a guilloche underprint. Central vignette is a portrait of Manuel María Gutiérrez Flores, with his name inscribed below. A decorative line pattern runs along the lower border, flanked by the issuer name and denomination inscriptions. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Rust brown-orange intaglio print. The central vignette presents a full frontal view of the Teatro Nacional de Costa Rica, framed by an ornate guilloche border. To the left, a large decorative medallion with a lion mask motif and radiating sunburst pattern is set against an intricate scrollwork background, with the numeral 500 appearing in the lower right corner. |
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| Comments |
Thomas De La Rue printed the Costa Rican 500 Colones series through much of the 1980s, a decade when the Banco Central was managing the aftermath of a severe balance-of-payments crisis that had forced Costa Rica to suspend external debt payments in 1981 — the first Latin American country to do so in that cycle. The colón had lost roughly two-thirds of its value against the dollar by mid-decade, which made high-denomination notes like this one considerably more practical in daily use than they had been at the series' outset.
Series C runs from 1987 to 1989, overlapping with IMF structural adjustment negotiations that reshaped the central bank's operational mandate.