Anyone know the value of this currency

I've been trying to find this online and have had no luck. Anyone able to help?

 

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3 pesos from Honduras? (Guatemala?) Be patient someone will know.

 

I believe it's Guatemala

 

Photo the reverse too if there is information there.

 

TRES PESOS is Spanish for 3 Dollars

 

Columbia, I think. The site I use has a listing for three different 3 peso notes, but no photo or info.http://worldbanknotegallery.com/countries/page.php?pg_code=BX

 

When I put it in the information (Banco de Occidente en Quetzaltenango)it came up Honduras or Guatemala. (Or even Panama) But I would think it's one of the other 2.
The reverse is very interesting with the "49".
Quetzaltenango is a city in Guatemala.

 

Pretty sure it is Guatemala but not sure it is really "currency". It is not in the Krause Standard Catalog - Specialized Issues where the Banco de Occidente en Quetzaltenango notes are listed. May be some other type of financial instrument.

 

It's probably a bond coupon. The "Dividendo No 49" sort of hints at that. [It could be some sort of stock with the dividends paid by coupon, but I have never seen that. In the 18th and 19th centuries, the word "stock" was often used to refer to what today we call bonds.] I am not familiar with the bond it was cut from, but is probably six months interest of a $100 six percent bond. The bond itself is probably on the order of 10 x 14 inches [sizes vary, could be bigger or smaller.] There were 48 other coupons at least, most likely cut from the bond and redeemed when they came due. It is strange that here is no due date on the coupon; that's why I say "probably". If you check out Coins and Paper Money, Stocks and Bonds, on eBay, you might find it. Unless there is something special about this coupon that makes it in demand, it is most likely worth in the $5 area, maybe a bit more since it does not appear to come from a hoard.

 

I am just asking, could it be script or money printed for a banana plantation. I was told by an uncle that worked on one in the 40's they were paid in money only redeemable at the company stores.

 

Here is an image of a typical bond. [I chose it because it is a bank bond - and it fit on my scanner.] The coupons are a little less elaborate than most bonds, and the bond itself a bit smaller than most at 6 x 11 inches - looks like the were shopping the bargain basement at the Bank Note company to get their bonds printed as cheap as possible - but you can see that the bank name and coupon value [in this case $35] are on each coupon.

 

It looks like it started life as a bond coupon. The overprint on the back is either revaluing the coupon to a half real due to a currency revaluation or it was impressed into service as local currency by the city of Quezaltenango at a half real.

 

Your speculation that it could have been re-purposed as a local currency is certainly possible; it would not be the first time that worthless financial paper had been given a new life. If it could be shown that it was used as a local currency, probably would increase the collector value.

 

Well the Banco de Occidente is Guatemelan and some notes are worth a lot.
However, I did not see this particular example. I would guess that is a coupon or certificate issued by the Banco.
Since I was unable to find any examples on ebay, this tells me two things:
1. it is extremely rare
or
2. it is extremely un-rare

 

What year is this from? And if the size is very small, bond coupon seems right.

 

I really don't see anything date related on it that I can tell. Any way I could find out more on it?

 

How do I go about finding out which one it is? Everybody around my area that claims to be an expert is completely stumped on it.

 

honestly, i don't know. I can't find it in Krause, and eBay has no examples.
Old Guatemalen currency is generally fairly expensive.
The only thing I can think of is trying to find a similar coin and currency forum run and populated by South Americans?

 

That overprint on the back seems to have the words "TIP DEL HOSPITAL" at the bottom. Thought it may be a clue, but I can't find anything on the web to help.