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20 Pesos
| Issuer | Estado de Honduras |
|---|---|
| Year | 1862 |
| Type | Log in to see details |
| Value | 20 Pesos |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | The obverse is printed in black on white paper with ornate floral and foliate borders running along all four sides. At centre top, a large vignette presents the coat of arms of Honduras — a triangular pyramid beneath a radiant sun, encircled by the inscription ESTADO DE HONDURAS — flanked by decorative scrollwork. Below the vignette, the denomination legend VALE VEINTE PESOS appears in bold letterpress, with handwritten place and date references and three manuscript signatures of issuing officials at the foot of the note. |
|---|---|
| Obverse lettering | ESTADO DE HONDURAS 1.a Clase Num. 614 VALE VEINTE PESOS Madrid Por el decreto de 19 de Julio de 1862 El Contador mayor El Mtro. de hacienda El Tresoro grl. |
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| Comments |
Honduras in 1862 had no central bank — the Estado de Honduras issued paper currency directly under government authority, an arrangement reflecting the fragmented monetary infrastructure common to Central American republics in the decades following independence from Mexico. These early Honduran issues are among the rarest of the region; political instability, repeated changes in administration, and the limited penetration of paper money into a predominantly subsistence economy meant survival rates were low even for notes that technically circulated.
The three-signature format — Juan Bautista, Ram. Alvarado, and Celer Mus — indicates manual countersignature at issue, a labor-intensive authentication method that itself hints at very small print runs.