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10 Pesos

Issuer Banco de México
Year 1951-1953
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Printer American Bank Note Company, New York, United States
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Obverse description Black intaglio print over a multicolor guilloche underprint, with red serial numbers. A portrait vignette of María Estela Ruiz Velázquez is positioned at right. The face bears the issuer's name and promise-to-pay legend across the upper portion of the note.
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Reverse lettering BANCO DE MEXICO S.A. DIEZ PESOS
(Translation: Bank of Mexico S.A. Ten Pesos)
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Comments

The P#53 series was issued during a period of relative monetary stability in Mexico, shortly after the Banco de México had consolidated its monopoly on note issuance — a process that had taken decades to complete following the banking chaos of the Revolution era. By the early 1950s, ABNC had been printing Mexican notes for years, and the relationship was well-established.

Worth noting for collectors: the 1951–1953 date range reflects signing and dating variations rather than any design change. Different cashier and director signatures account for most of the sub-variety distinctions within this type.

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