Back to collection

5 colones 1974

America › Central America › El Salvador
P-1171974Banco Central de Reserva de El SalvadorUNC
5 colones 1974 from El Salvador, P-117 (1974) — image 1
5 colones 1974 from El Salvador, P-117 (1974) — image 2

16.12.74

Market Prices

17 sales
Catalogue (2019)
VF$4
UNC$25
UNC$36.52026-02-05(17 bids)
UNC$312025-05-04(13 bids)
PMG 58$15.52020-10-25(8 bids)
PMG 65$15.022020-01-02(8 bids)
PMG 65$24.52019-12-26(16 bids)
PMG 66$282019-12-09(17 bids)
PMG 65$592019-09-16(10 bids)
F$3.412019-09-11(6 bids)
PMG 66$462019-08-08(13 bids)
PMG 65$412019-07-08(18 bids)
PMG 65$312019-06-02(15 bids)
AUNC$5.52017-08-29(3 bids)
UNC$13.272017-04-06(11 bids)
UNC$26.12016-09-20(13 bids)
VF$6.552015-01-28(6 bids)
AUNC$302014-03-19(17 bids)
VF$4.52012-04-10(7 bids)

About This Note

This is a 1974 El Salvador 5 colones banknote (Pick P-117) issued by the Banco Central de Reserva de El Salvador, presented in UNC condition with a December 16, 1974 date annotation. The note features an intricate historical engraving on the obverse depicting a delegate addressing the people before a cathedral, while the reverse showcases a finely detailed portrait of Christopher Columbus in an oval frame surrounded by ornate green decorative elements. The banknote displays excellent preservation with clear impressions of the fine line engraving work, though some age-related marks are visible consistent with careful handling.

Rarity

Common. The 5 colones denomination was a standard, frequently circulated note in El Salvador during the 1970s. No evidence suggests this was a short-run issue, and the Banco Central de Reserva maintained regular production of this denomination for general circulation. The UNC condition and specific Series VF variety do not indicate rarity, as this series was produced in substantial quantities by Thomas De La Rue.

Historical Context

This banknote commemorates El Salvador's cultural and historical heritage through its iconographic choices during the early 1970s. The obverse features a historical scene of a civic or religious address—likely referencing a significant moment in El Salvadoran or Central American history—while the reverse honors Christopher Columbus, the explorer whose voyages initiated the era of Spanish colonization in the Americas and Central America. The December 1974 issue date places this note during a period of relative stability in El Salvador before the significant political upheavals of the late 1970s.

Design

The obverse features an ornate classical design with elaborate scrollwork in all corners framing a large historical engraving depicting a civic gathering scene. The central composition shows a standing male figure (identified as a delegate) gesturing to an assembled crowd of period-dressed citizens gathered before an architecturally significant cathedral or church building with visible tower, representing a moment of civic address or proclamation. The denomination '5' appears prominently in the top left and right corners and is repeated at the bottom center, each instance flanked by decorative elements. The reverse presents a sophisticated portrait of Christopher Columbus rendered in fine detail within an oval frame, positioned centrally with ornate decorative borders featuring geometric patterns in green. A circular official seal or coat of arms emblem appears on the left side. The denomination '5' is repeated in all four corners in decorative boxes. The color scheme transitions from light green/mint and gray on the obverse to predominantly green on the reverse, with white and black line work throughout.

Inscriptions

FRONT: 'El Banco Central de Reserva de El Salvador' (The Central Reserve Bank of El Salvador); 'Pagará en Efectivo al Portador' (Will pay in cash to the bearer); 'San Salvador, 24 de Octubre de 1972' (San Salvador, October 24, 1972); 'Cinco Colones' (Five Colones); 'Delegado Acompañado de Otros Próceres, Arengando al Pueblo' (Delegate accompanied by other notable figures, addressing the people); 'Serie VF' (Series VF); Serial number: 4025589. Signature line designations: 'Director' (Director), 'Presidente' (President), 'Gerente' (Manager). BACK: 'Banco Central de Reserva de El Salvador' (Central Reserve Bank of El Salvador); 'Superintendencia de Bancos' (Banking Superintendency); 'Cristóbal Colón' (Christopher Columbus); 'Cinco Colones' (Five Colones); 'San Salvador, 16 de Diciembre de 1974' (San Salvador, December 16, 1974); 'Thomas De La Rue & Company, Limited' (printer attribution).

Printing Technique

This banknote was produced using intaglio printing (fine line engraving), as evidenced by the highly detailed portrait work, complex decorative border patterns, and the precise linear detail visible throughout both sides. The printer attribution 'Thomas De La Rue & Company, Limited' confirms production by one of the world's premier security printers, known for their expertise in banknote production and anti-counterfeiting measures. The fine line engraving technique provided security through the inherent difficulty of reproducing such intricate detail.

Varieties

This note is identified as Series VF (visible on obverse), with serial number 4025589. The banknote carries a December 16, 1974 authorization date on the reverse, while the obverse bears an earlier October 24, 1972 date—a common practice for Central American bank notes where the authorization date precedes the formal issue date by several years. The 1974 collector notation (16.12.74) aligns with the reverse date, confirming this as the official circulation date for this printing.