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5 Pesos

Issuer El Banco de Guatemala
Year 1922
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Value 5 Pesos
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Obverse lettering EL BANCO DE GUATEMALA
PAGARÁ AL PORTADOR
CINCO 5 PESOS
EN MONEDA CORRIENTE
Guatemala Septiembre 30 de 1922
DIRECTORES
GERETE
Reverse description Printed entirely in red-orange on white paper, the reverse is dominated by an elaborate guilloche rosette pattern at center with the denomination inscription superimposed. Large numeral "5" vignettes appear at the left and right within ornate scrollwork frames, and a curved guilloche band at the top carries the issuer name while another at the bottom completes the surround.
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Comments

El Banco de Guatemala was one of several private Guatemalan banks of issue operating under concessions granted during the Liberal reform period. By 1922, that era was nearly over — the Guatemalan government moved to consolidate note-issuing authority and ultimately established the Banco Central de Guatemala in 1926, which effectively ended the private banks' circulation privileges. This 5 Pesos note was issued into that closing window.

The American Bank Note Company contract work for Central American private banks in this period is well documented; ABNC held long relationships with multiple Guatemalan issuing institutions and often reused plate elements across denominations and clients. The S-prefix Pick reference confirms private bank status, distinguishing it from the later government-backed series.

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