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<p>[QUOTE="Troodon, post: 442141, member: 4626"]Thanks... was guessing something along those lines but am glad for the confirmation.</p><p><br /></p><p>Looked it up, and Ecuador used the sucre from 1884 (changing the name of the Ecuadorian peso to the sucre) until 2000 when they discontinued the sucre, making the US dollar legal tender in Ecuador.</p><p><br /></p><p>Am guessing this particular note was an unusued leftover that never got issued due to the devaluation of the sucre in the 1930's... by which point this denomination was too low to be useful anymore.</p><p><br /></p><p>They made many attempts to stabilize the sucre over the years... in 1999 had reached the point where it was trading at about 25,000 sucres to the US dollar... then in 2000 they finally gave up, abandoned the currency, and declared the US dollar legal tender in Ecuador. (is worth noting that unlike in the US, the Sacagawea dollar actually circulates a lot in Ecuador, and is preferred to paper $1 bills!)</p><p><br /></p><p>Anyway great piece of art and history and well worth the dollar I spent for it![/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 442141, member: 4626"]Thanks... was guessing something along those lines but am glad for the confirmation. Looked it up, and Ecuador used the sucre from 1884 (changing the name of the Ecuadorian peso to the sucre) until 2000 when they discontinued the sucre, making the US dollar legal tender in Ecuador. Am guessing this particular note was an unusued leftover that never got issued due to the devaluation of the sucre in the 1930's... by which point this denomination was too low to be useful anymore. They made many attempts to stabilize the sucre over the years... in 1999 had reached the point where it was trading at about 25,000 sucres to the US dollar... then in 2000 they finally gave up, abandoned the currency, and declared the US dollar legal tender in Ecuador. (is worth noting that unlike in the US, the Sacagawea dollar actually circulates a lot in Ecuador, and is preferred to paper $1 bills!) Anyway great piece of art and history and well worth the dollar I spent for it![/QUOTE]
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