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| 正面描述 | Black intaglio print on white paper with green underprint. At left, a seated allegorical female figure rests against a rocky plinth; at centre-right, a second reclining allegorical figure is accompanied by a globe and navigational instruments. The bank title BANCO DE QUITO arches across the upper centre in bold letterpress, with the denomination expressed both numerically in a lathe-work medallion at upper right and in script as VEINTE across the lower centre. A date panel reading Quito, Enero 2 de 1880 appears within a green guilloche cartouche, with signature lines for EL GERENTE and EL DIRECTOR below. The word VEINTE repeats in large ghost lettering as a central underprint, and the numeral 20 flanks the border in a repeating counter pattern. |
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| 背面铭文 | Banco de Quito 20 20 American Bank Note Co. New-York |
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Banco de Quito was a private commercial bank chartered in 1868 and operated as one of Ecuador's primary note-issuing institutions through the late nineteenth century. The American Bank Note Company in New York produced this series, as it did for the majority of Ecuadorian provincial banks during this period — ABNC held a near-monopoly on high-security printing for South American clients who distrusted local print facilities.
The S-prefix in Pick's catalog places this firmly in the Specialized volume under Ecuadorian private bank issues, a category that remained active until the 1899 Ley de Bancos pushed Ecuador toward a single-issuer model and rendered notes like this one progressively redundant.