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25 Pesos
| Issuer | Banco Agrícola Mercantil |
|---|---|
| Year | 1888 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1878-1912) |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO FUNDADO POR LEONARDO LACAYO EM 1888 León, Nic. Nov. 6 de 1888. EL BANCO AGRICOLA MERCANTIL Pagará al portador y a la vista la cantidad de VEINTICINCO PESOS EN MOEDA ACUÑADA VEINTICINCO American Bank Note Co., New York (Translation: Bank founded by Leonardo Lacayo in 1888 León, Nic. November 6, 1888. The Mercantile Agricultural Bank will pay to the bearer and on sight the amount of Twenty Five Pesos in minted currency. American Bank Note Co., New York) |
| Reverse description | Log in to see details |
| Reverse lettering | Banco Agrícola-Mercantil 25 American Bank Note Company, New York (Translation: Mercantile Agricultural Bank 25 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, a period when concession-based note issuance was the norm rather than the exception. The American Bank Note Company contract work for Central American issuers during this decade was extensive, and the printing quality was generally well ahead of what the issuing institutions themselves could have arranged domestically.
Private Guatemalan bank notes from this period were demonetized following the 1926 nationalization of currency under the Banco Central de Guatemala, which makes survivors genuinely uncommon. The S-prefix in the Pick reference reflects its classification as a private commercial issue rather than a state or central bank obligation.