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25 Colones
| Issuer | Banco Agrícola Comercial |
|---|---|
| Year | 1922 |
| Type | Standard circulation banknote |
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| Obverse description | Dark blue-grey note with ornate guilloche borders framing a central vignette of a neoclassical bank building facade. The bank title BANCO AGRÍCOLA COMERCIAL is printed in large letters across the top, with the denomination numeral 25 appearing in each corner within guilloche rosettes. The lower inscription reads VEINTICINCO COLONES EN MONEDA ACUÑADA DE ORO, with the place and date SAN SALVADOR, 1o. de Marzo de 1922 at the foot, flanked by signature lines for Gerente and Director. |
|---|---|
| Obverse lettering | BANCO AGRÍCOLA COMERCIAL PAGARA A LA VISTA AL PORTADOR VEINTICINCO COLONES EN MONEDA ACUÑADA DE ORO SAN SALVADOR 1o. de Marzo de 1922 GERENTE DIRECTOR AMERICAN BANK NOTE COMPANY 25 |
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| Comments |
Banco Agrícola Comercial was El Salvador's first private bank, established in 1895, and by 1922 it was operating alongside a clutch of competing issuing institutions before the state eventually monopolized currency issuance with the creation of Banco Central de Reserva in 1934. This note predates that consolidation by over a decade — a period when Salvadoran private banks printed their own currency through American Bank Note Company with the same production quality reserved for sovereign issuers.
The 25 colones denomination was never a workhorse note. At that value in early 1920s El Salvador, it represented serious purchasing power, which kept it largely out of everyday hands and likely contributed to low survival rates among circulated examples.