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1 Sucre

Issuer Banco Suramericano
Year 1920
Type Standard circulation banknote
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Obverse description The obverse is printed in dark blue-grey with a salmon-orange underprint. To the left, a large intaglio vignette of an Andean condor stands on a rocky outcrop against a mountain landscape backdrop. At upper centre, the bank title reads "EL BANCO SURAMERICANO" in bold letterpress, with the date "QUITO, 2 ENERO DE 1920" and series designation "SERIE A" above the central guilloche panel bearing the denomination "SUCRE 1 SUCRE" in ornate script. Signature lines for "GERENTE" and "PRESIDENTE DEL DIRECTORIO" appear at lower centre, flanked by blank serial number fields.
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Reverse lettering BANCO SUR AMERICANO
1
1
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Comments

Banco Suramericano was a short-lived Ecuadorian private bank whose note-issuing privileges were curtailed as the central banking reforms of the early 1920s consolidated monetary authority away from regional institutions. This 1 Sucre was among the lower denominations issued during the bank's final active period, when smaller notes bore the heaviest circulation burden and consequently suffered the most wear.

Pick S251 falls within the private bank series for Ecuador — comparatively thin in surviving populations given the redemption pressures that followed the 1927 establishment of the Banco Central del Ecuador, which effectively made predecessor private bank notes redundant.

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