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50 Pesos
| Issuer | Banco Occidental |
|---|---|
| Year | 1919 |
| Type | Log in to see details |
| Value | 50 Pesos |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO OCCIDENTAL Pagará á la Vista al portador 50 CINCUENTA PESOS EN MONEDA EFECTIVA SAN SALVADOR 1° de Setiembre de 1919 American Bank Note Co. New York SPECIMEN GERENTE PRESIDENTE CAJERO |
| Reverse description | Reverse printed in dark brown/maroon on plain paper, with an elaborate symmetrical guilloche pattern covering the entire field. The numeral 50 appears in large ornate counters at left and right within intricate lathe-work rosettes. A central oval medallion contains the national arms of El Salvador, encircled by the bank name BANCO OCCIDENTAL and the legend REPUBLICA DE EL SALVADOR. The imprint AMERICAN BANK NOTE COMPANY, NEW YORK appears at the lower margin. |
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| Comments |
Banco Occidental was one of several regional Colombian banks still operating under the country's decentralized banking regime before the 1923 Kemmerer Mission pushed through the reforms that established the Banco de la República and effectively ended private note issue. This 50 Pesos note, printed by American Bank Note Company in New York, dates from the final years of that system — by 1923, notes like this were being called in and the issuing banks wound down.
Colombian private bank issues of this period are frequently encountered with heavy cancellation punches, applied during redemption. Uncancelled survivors of the Occidental series are considerably harder to find.