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Ecuador - 20 Sucres 1986-88 - Pick # 121Aa - PMG 66 EPQ
Vendor:Iberoamericana BanknotesRegular price €39,95 EURRegular price €39,95 EUR Sale priceUnit price / per
Collection: Banknotes of Ecuador
The Ecuadorian sucre died on January 9, 2000. That day, Ecuador announced dollarization, and a currency with 116 years of history ceased to be issued forever. Its banknotes have been a closed set ever since.
What happened at the end
In its final months, the sucre went from 7,000 to 25,000 per dollar. 50,000 sucre banknotes were issued that barely circulated before the country adopted the dollar. Those last issues are inexpensive and tell a very specific ending.
Before that
The Central Bank of Ecuador had an excellent engraving tradition, with prints from the American Bank Note Company: Sucre, Rocafuerte, the Middle of the World Monument, condors, and volcanoes. The mid-century series are serious pieces at moderate prices.
What you will find here
Sucres with Pick references and real condition. Along with El Salvador, they are the two American cases of a closed issuer due to dollarization.
Shipping
Protected and tracked from Spain.
Discover more banknotes from the region at Banknotes of America.
