Catalog
1 Peso Compañía Minera 'Las Dos Estrellas'
| Issuer | Compañía Minera 'Las Dos Estrellas' |
|---|---|
| Year | 1915 |
| Type | Log in to see details |
| Value | 1 Peso (1 MXP) |
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| Composition | Log in to see details |
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| Obverse description | Light green guilloche underprint covers the entire field, with a radiating engine-turned background. The issuer's title 'COMPAÑÍA MINERA "LAS DOS ESTRELLAS"' arches across the upper portion in bold letterpress, followed by 'TLALPUJAHUA, MICH.' and the denomination panel 'UN PESO.' in large ornamental type at centre. To the left, a circular cartouche encloses the numeral '1.00' with the legend 'UN PESO' repeated around its border; the date '1º DE FEBRERO DE 1915' and the name 'LAS DOS ESTRELLAS' appear below the denomination panel, with signature lines for 'CONTADOR' and 'GERENTE' at the lower margin. |
|---|---|
| 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 one of the most productive gold and silver mines in Mexico, operating in the mountains of Michoacán under Anglo-Mexican management. During the Revolution, the federal banking system collapsed entirely, and mining companies, haciendas, and local merchants across the country began issuing their own scrip — not as a political act but out of sheer necessity, because there was simply no other medium of exchange reaching remote industrial camps.
These company notes, known collectively as *bilimbiques*, were redeemable only at the company store and payable to workers in lieu of coin. The mine continued operating well into the 1930s; nationalization came in 1959.