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5 Pesos Aguan Navigation & Improvement Company

5 Pesos (Aguan Navigation & Improvement Company) - obverse5 Pesos (Aguan Navigation & Improvement Company) - reverse

© Jorge Altamirano Yur13 (CC BY)

Features

Issuer Honduras
Issuing bank Aguan Navigation and Improvement Company
Period Republic (1862-date)
Type Local banknotes
Year 1886
Value 5 Pesos
Currency Second Peso (decimalized, 1879-1931)
Composition Paper
Size 193 × 83 mm
Shape Rectangular
Technique Lithography
Demonetized Yes
Number
N#
534688
References P# S104
Standard Catalog of World Paper Money (10 volumes).

Series: Aguan Navigation & Improvement Company

Obverse

Black printing on light brown underprint.
General Luis Bográn at left, steamship at right.
Issuer name on top, face value in number on both lower corners, in numbers and letters on both top corners, in letters at center. Black serial #s, 4 digits with 1 letter prefix on center right and left. Issuing date on top to right, 2 signatures with titles below on lower zone. Printer name on bottom.

Script: Latin

Lettering:
Emisión Autorizada el 25 de Junio de 1886.
the AGUAN NAVIGATION
AND IMPROVEMENT
COMPANY.
THE AGUAN NAVIGATION AND IMPROVEMENT COMPANY.
PAGARÁ Á J. G. ORD Ó AL PORTADOR
A4700 CINCO
PESOS
á la vista en su oficina de
TRUJILLO, HONDURAS
TESORERO PRESIDENTE
THE HOMER LEE BANK NOTE CO.N.Y.
BILLETE DE LA TESORERÍA POR CINCO PESOS

Translation:
5 CINCO Authorized Issue June 25, 1886
The Aguan Navigation & Improvement Company will pay to J. G. Ord or to bearer five Pesos at the office of Trujillo, Honduras
5 Treasurer, President

Reverse

Green printing.
No images. Issuer name on top, countries below.
Face value in numbers on left and right center.Printer name on bottom.

Script: Latin

Lettering:
LA FALSIFICACIÓN SERÁ CRÍMEN.
AGUAN
NAVIGATION
AND IMPROVEMENT
COMPANY.
UNITED STATES
AND
Republica de Honduras
ESTE BILLETE SERÁ ACEPTADO POR
su valor señalado en pago de
toda deuda debida al AGUAN NAVIGATION
AND IMPROVEMENT CO., inclusives el pago de
pasajes y fletes por sus vapores y portazgos
en el TRUJILLO AND AGUAN CANAL y es pagadero
en moneda de plata a su presentación en la oficina
de la Compañía
en TRUJILLO.

Translation:
Counterfeiting will be a crime.
Aguan Navigation & Improvement Company, United States and Republic of Honduras.
This note will be accepted for its stated value in payment of any debt owed to the Aguan Navigation and Improvement Co., including the payment of passenger fares and freight charges on its steamships and tolls in the Trujillo and Aguan Canal, and is payable in silver coin upon presentation at the company’s office in Trujillo.

Printer

Homer Lee Bank Note Company, New York City, United States (1881-1891)

Comments

NOTE: Text in note reads: “ … pagará a J.G.Ord o al portador …” We were not able to decipher the meaning of the phrase. Any information about will be welcome.

 

This 5 Pesos note was part of the issue by the Aguan Navigation & Improvement Company, a U.S.-based enterprise operating in Trujillo, Honduras under government concession. The note features General Luis Bográn, then President of Honduras, whose portrait appeared while still in office—a rare occurrence in Latin American numismatics. The bilingual inscriptions reflect the company’s international scope and its role in regional infrastructure. Despite initial success, the company faced financial challenges and ceased operations within a few years. The note’s reverse emphasizes its acceptance for debts and transport services, payable in U.S. silver coin.
 

See also

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Date VG F VF XF AU UNC
1886-Jun-25 

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