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1 Peso

Issuer Banco de Honduras
Year 1922
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Reference(s) P#29
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Obverse lettering REPUBLICA DE HONDURAS
EL BANCO DE HONDURAS
PAGARA AL PORTADOR EN MONEDA EFECTIVA
UN PESO
TEGUCIGALPA, 27 de Mayo de 1922
SERIE 1
EL PRESIDENTE
EL GERENTE
MINISTRO DE HACIENDA
American Bank Note Company
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Reverse lettering BANCO DE HONDURAS
UN PESO
1
Autorizada su circulacion por acuerdo de 13 de Julio de 1925
AMERICAN BANK NOTE COMPANY
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Comments

The Banco de Honduras was a private commercial bank granted note-issuing authority, not a central bank — Honduras wouldn't establish a central bank until the Banco Central de Honduras was founded in 1950. ABNC printed several series for the institution over the years, and their engraved plates were typically retained and sometimes reworked for successor issues, meaning the underlying geometry of this note's design may predate 1922 by a decade or more.

P#29 is scarce in any grade. The bank's circulation footprint was limited to a country with a small monetized economy heavily dollarized by United Fruit Company payroll practices.

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