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100 Pesos
| Issuer | Banco Agrícola Mercantil |
|---|---|
| Year | 1888 |
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| Shape | Rectangular |
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|---|---|
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| Reverse description | Printed in brown, the reverse is composed entirely of elaborate engine-turned guilloche work arranged symmetrically around a large central oval cartouche bearing the bank name in bold serif lettering. Denomination numerals "100" appear in smaller oval panels at top center and bottom center, each enclosed within concentric lacy lathe-work borders. Large circular guilloche rosettes occupy the left and right extremities, completing a densely ornamental design typical of American Bank Note Company production of the 1880s. |
| Reverse lettering | Banco Agrícola-Mercantil 100 American Bank Note Company, New York (Translation: Mercantile Agricultural Bank 100 American Bank Note Company, New York) |
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| Comments |
Banco Agrícola Mercantil was a Guatemalan private bank operating under the liberal banking legislation of the 1870s and 1880s, which allowed multiple commercial institutions to issue their own currency — a period of plural note issue that ended definitively with the nationalization reforms of the early twentieth century. The American Bank Note Company was the prestige choice for Central American issuers of this period, and Guatemalan private banks leaned on ABNC heavily to project financial credibility to a skeptical public.
The S-prefix designation in the Pick catalog flags this as a privately issued commercial note rather than a government obligation — technically scrip, though it circulated as currency in practice.