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1 Peso

Issuer Banco Nacional de Guatemala
Year 1874
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Value 1 Peso
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Obverse description Black intaglio print on pale paper with red guilloche underprint. The central vignette presents two oval portrait medallions side by side, each enclosing a bust-length portrait of a bearded gentleman in formal attire, set within an ornate foliate frame. Allegorical female figures occupy the left and right margins — the left figure seated beside a steamship vignette, the right reclining — while the bank title "EL BANCO NACIONAL DE GUATEMALA" arches across the top and the denomination "UN PESO" appears in bold lettering at centre.
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Reverse description Printed entirely in green, the reverse is dominated by an elaborate engine-turned guilloche pattern of repeating lacy rosettes filling the entire field. The large numeral "1" appears at centre within a geometric lathe-work panel, flanked by the word "UNO" in mirror orientation on each side. The legend "EL BANCO NACIONAL" runs vertically along the left border, and a red oval cancellation stamp is visible in the upper right quadrant.
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Comments

The Compañía Colombiana de Billetes de Banco is an unusual credit for a Guatemalan issue — this Colombian printing firm handled a narrow slice of Latin American banknote production in the 1870s before the major security printers from Britain and the United States consolidated their grip on the region's contracts. The Banco Nacional de Guatemala itself was a short-lived institution, operating in the years immediately following the Liberal Reform of 1871 under Justo Rufino Barrios, who restructured state finances aggressively after taking power.

P#S167 is catalogued in the Specialized series, reflecting its private or semi-official issuance status rather than full central government backing.

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