Watch List notes:

Banco de Ecuador, 1 peso, 2 January 1874, serial number D214014, black on pink and green underprint, value at top left and right, sailors at low left, steam train at top centre, allegorical maiden low right, reverse purple, value at centre. (Pick S142D), some repairs, heavily pressed, note has been bleached and altered the colour of ink on reverse, very good and scarce

($350-450)