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1 Peso El Imperio Mexicano
| Issuer | El Imperio Mexicano (Mexican Empire) |
|---|---|
| Year | 1823 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1863-1992) |
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| Obverse description | Letterpress-printed in black on plain paper, the note is divided into three vertical zones: the left and right margins carry a repeated geometric ornamental border incorporating the legend UN PESO, while the central field presents the Imperial Coat of Arms flanked by the denomination UN PESO in bold text at upper left and a handwritten serial number at upper right. Below the arms, a text block records the promise of El Imperio Mexicano to pay one peso in accordance with the Decree of 20 December 1822, dated Mexico, 1 January 1823, and is authenticated at the foot by three manuscript signatures. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Blank. |
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| Comments |
Mexico's first domestic paper currency, issued under Agustín de Iturbide's short-lived empire in the months before his forced abdication in March 1823. The notes were authorized as part of a desperate attempt to stabilize imperial finances that had been in crisis almost from the moment independence was declared — customs revenues were collapsing and the new government had no established credit.
Iturbide abdicated before the emission could have any meaningful monetary effect. The empire was dissolved, and most of these notes were never redeemed. Pick 1 by default — there was simply nothing before it.