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10 Pesos El Banco de Guanajuato
| Issuer | El Banco de Guanajuato |
|---|---|
| Year | 1900-1914 |
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| Composition | Log in to see details |
| Size | 184 × 82 mm |
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| Obverse description | Dark green and black intaglio-printed note with a central denomination numeral '10' flanked by a cherub vignette to the right bearing a floral bouquet, and the coat of arms of Guanajuato in an oval frame to the left. The bank title 'EL BANCO DE GUANAJUATO' arches across the top in bold letters, with 'MEXICO' inscribed below left and 'DIEZ PESOS' across the lower centre. The underprint carries repeated denomination numerals '10' at each corner, and a 'SPECIMEN' overprint with cancellation holes appears along the lower margin. |
|---|---|
| Obverse lettering | El Banco de Guanajuato pagará a la vista al portador en efectivo Diez Pesos (Translation: The Bank of Guanajuato will pay the bearer with cash Ten Pesos) |
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| Comments |
El Banco de Guanajuato was one of the provincial banks chartered under Mexico's 1897 Ley General de Instituciones de Crédito, which granted state banks limited rights of note issue while keeping them subordinate to the Banco Nacional de México. The bank operated out of the silver-mining capital of the same name — a city whose wealth funded much of the Porfiriato's modernizing ambitions.
The American Bank Note Company held the printing contract throughout the note's production window. By 1913, with the Revolution dismantling the old banking order, most provincial bank notes were losing acceptance. Carranza's 1916 decree formally extinguished the concession banks, rendering all outstanding notes worthless. Surviving examples often show minimal wear — not from careful handling, but from abrupt withdrawal before they could circulate.