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1 Peso El Banco de Londres y Mexico

Issuer El Banco de Londres y Mexico
Year 1914
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Value 1 Peso (1 MXP)
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Reverse description Printed in brown on a cream ground, with an intricate guilloche border surrounding a central circular medallion. Within the medallion, an intaglio vignette of the Mexican eagle perched on a cactus with spread wings, encircled by an olive branch and the bank name legend. Numerals "1" appear in ornate cartouches at left and right, and a blue oval stamp is affixed to the upper left corner. The printer's imprint appears below the central vignette.
Reverse lettering BANCO DE LONDRES Y MEXICO
BOULIGNY & SCHMIDT SUCR. MEXICO.
(Translation: Bank of London and Mexico / Bouligny & Schmidt Successors, Mexico.)
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El Banco de Londres y México was the Mexican branch of the London Bank of Mexico and South America, a British institution that had operated in the country since 1864. By 1914, the Revolution had fractured the national banking system almost entirely — Huerta's government was collapsing, Constitutionalist forces were advancing, and the major issue banks were scrambling to maintain note circulation against a backdrop of competing military currencies flooding the country.

Bouligny & Schmidt Sucr. was a Mexico City commercial printer, not a specialized security press, which was increasingly the only option available as foreign printing contracts became logistically impossible during the conflict.

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