10 Sucre

Front: Sebastián de Belalcázar (c. 1479–1551), Spanish conquistador who founded the cities of Quito (1534) and Popayán, and explored much of what is now Ecuador and Colombia. As lieutenant to Francisco Pizarro during the conquest of the Inca Empire, he played a major role in establishing Spanish colonial rule in northern South America; his portrait appears in period armor with a plumed helmet, representing the colonial founding era of Ecuador.

Back: The coat of arms of Ecuador, adopted in its current form in 1900, featuring a condor with spread wings above an oval shield. The shield depicts Mount Chimborazo with the Guayas River below, four signs of the zodiac representing the memorable months of the March Revolution of 1845, a sun, and national symbols including flags and fasces. The condor represents power and might, while the shield's central image of Chimborazo, Ecuador's highest peak, symbolizes the nation's geographic identity.

Note shows some circulation wear, light soiling, and minor edge wear. Colors remain reasonably strong with clear detail visible in the engraving.