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1 Peso El Banco del Estado de Mexico

Issuer El Banco del Estado de Mexico
Year 1914
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Value 1 Peso (1 MXP)
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Obverse description Blue letterpress on white paper; portrait vignette of Miguel Hidalgo y Costilla at center. Issuer title across top, face value numerals at all four corners with value in words at left and right center; red series letters and six-digit red serial numbers at lower left and right and top. Three manuscript signatures with printed titles below, issuing location and date at center, printer imprint at foot.
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Reverse lettering SECRETARIA DE HACIENDA
• BANCO DEL ESTADO DE MEXICO •
1
EL BANCO DEL ESTADO
DE MEXICO
(Translation: Secretary of Finance, Bank of the State of México
The Bank of the State of México.)
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Comments

El Banco del Estado de Mexico was one of several regional concession banks operating under the 1897 Ley General de Instituciones de Crédito, which gave states their own note-issuing privileges but kept them subordinate to federal oversight. By 1914, that system was collapsing. The Revolution had fractured both government authority and currency confidence, and regional bank notes were being refused, counterfeited, and forcibly replaced by Constitutionalist and Conventionist emissions simultaneously.

American Book and Printing Co. handled a significant volume of Mexican emergency and commercial printing during this period — a domestic printer filling the gap left by disrupted access to the major European security printers.

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