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10 Pesos El Banco de Guanajuato
| Issuer | El Banco de Guanajuato |
|---|---|
| Year | 1914 |
| Type | Log in to see details |
| Value | 10 Pesos (10 MXP) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | El Banco de Guanajuato pagará 10 pesos a la vista al portador en efectivo Guanajuato, 1o de Junio de 1914 Interventor del Gobierno Gerente Consejero (Translation: The Bank of Guanajuato will pay ten pesos to the bearer with cash / Guanajuato, 1st of June 1914 / Government Inspector / Manager / Councillor) |
| Reverse description | Log in to see details |
| Reverse lettering | El Banco de Guanajuato BOULIGNY & SCHMIDT SUCR. MEXICO. 10 (Translation: Bank of Guanajuato / Bouligny & Schmidt Successor, Mexico / Ten) |
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| Comments |
El Banco de Guanajuato was one of the regional banks operating under the 1897 Ley General de Instituciones de Crédito, which created a concession-based system allowing state banks to issue currency alongside the dominant Banco Nacional de México. By 1914, that entire framework was collapsing. The Huerta government's fiscal desperation, followed by Constitutionalist forces overrunning the Bajío, effectively ended the authority of these concession banks to issue or redeem notes in any reliable way.
Notes dated 1914 from this series were printed by ABNC but many never reached orderly circulation — Carranza's decree of September 1915 demonetized the old bank notes outright, leaving holders with unredeemable paper.