S120

GUATEMALA
Value

500 Pesos
Issued by

Banco Americano de Guatemala
Date

1926
Printer

Waterlow, London
Remark

for similar notes printed by ABNC see GUATEMALA PS-115
Reissue of Caja Reguladora
with additional set of red serial #
Note: Technically speaking, this is no longer an issue of the private bank, as the emission rights of those banks did expire between 1923-1926.
The purpose of Caja Reguladora was the stabiliziation of the Peso. This goal was achieved in August 1924 at an exchange rate of Pesos 60 per US$.
Remaining stock of the private banks were overprinted with an additional set of serial #.

 Allegorical women ("Agriculture" & "Commerce")

Arms, steam train, volcanoes
S120a

04.02.1926
S120a

15.02.1926
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