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1 Sucre
| Issuer | Banco Comercial y Agrícola |
|---|---|
| Year | 1903-1925 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Sucre (1884-2000) |
| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO COMERCIAL Y AGRICOLA PAGARA A LA VISTA AL PORTADOR 1 UN SUCRE EN MONEDA CORRIENTE CAPITAL S/5.000.000. COMPANIA ANONIMA American Bank Note Co New York 1 UNO |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO COMERCIAL Y AGRICOLA 1 1 American Bank Note Co New York |
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| Comments |
The Banco Comercial y Agrícola was arguably the most powerful private bank in Ecuador's history — and one of its most controversial. By the early twentieth century it held a near-monopoly on paper money circulation, lending freely to the government in exchange for privileges that effectively made it the de facto central bank without the formal accountability. Its notes, including this 1 Sucre, circulated as the primary transactional currency for ordinary commerce while the institution quietly accumulated political leverage that would eventually contribute to the 1925 "Revolución Juliana," which ended private note-issuing in Ecuador altogether.
ABNC engraved the series with characteristic precision. The plates remained in service across a notably long span.