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10 Nuevos Pesos

Issuer Banco de México
Year 1992
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Reference(s) P#95
Obverse description Intaglio portrait of General Lázaro Cárdenas at right, with an industrial oil refinery and drilling vignette at center-left rendered in fine engraved detail. A large green guilloche numeral forms the underprint across the center of the note, with the denomination in dark green letterpress at upper left. Two signatures appear at lower left, attributed to the Dirección General and Cajero respectively.
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Reverse description Central vignette of the Coyolxauhqui stone disc, an Aztec monolith, rendered in detailed intaglio engraving at center. To the left, a red conch shell and a pre-Columbian temple pyramid form the background vignette, while a circular red bank seal appears at upper left. The denomination numerals appear at upper left and upper right, with fine guilloche underprint throughout.
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The 1992 Nuevo Peso series was a direct consequence of Mexico's monetary reform of January 1, 1993, which redenominated the peso at 1,000:1 — meaning this note was printed in anticipation of a currency that had not yet officially launched. The "Nuevo" designation was dropped entirely in 1996, once the government judged that the public had adjusted to the new scale.

Printed domestically by Banco de México's own facilities, this series marked a consolidation of in-house production that the bank had been expanding since the late 1970s. The security thread on this issue is a simple metallic strip without microprinting — a specification that would be upgraded in later runs of the same denomination.