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1 Peso Compañía Minera 'Las Dos Estrellas'
| Issuer | Compañía Minera 'Las Dos Estrellas' |
|---|---|
| Year | 1914 |
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| Value | Log in to see details |
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| Composition | Paper |
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| Obverse description | Printed in black on light green-grey paper, the obverse is dominated by a radiating guilloche underprint emanating from the centre. The issuer's name COMPAÑÍA MINERA "LAS DOS ESTRELLAS" arches in bold block lettering across the upper field, with TLALPUJAHUA, MICH. and VALE POR centred beneath. A large ornate cartouche to the left carries the numeral 1.00 encircled by the legend UN PESO, while the denomination UN PESO is rendered in large decorative letterpress across the centre. The date 1º DE DICIEMBRE DE 1914 and the place name LAS DOS ESTRELLAS appear in the lower field, flanked by two manuscript signatures above the titles CONTADOR and GERENTE, with the series letter and number printed in red at upper left and upper right. |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | $1.00 (Translation: $1.00) |
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| Comments |
Las Dos Estrellas was a Franco-Belgian mining company operating silver and gold mines in Tlalpujahua, Michoacán — one of the richest mining districts in pre-revolutionary Mexico. During the upheaval of 1914, when Constitutionalist and Villista forces disrupted commercial banking across the country, dozens of private employers began issuing their own scrip to pay workers and sustain local commerce. This note is one of those emergency instruments, valid essentially within the company's own economic orbit.
The guilloche pattern was almost certainly produced locally rather than by a specialist security printer, which is consistent with most Tlalpujahua scrip of this period. The mine itself survived well into the twentieth century before flooding definitively closed operations in 1959.