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10 Pesos El Banco de Guanajuato
| Issuer | El Banco de Guanajuato |
|---|---|
| Year | 1914 |
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| Currency | Peso (1863-1992) |
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| Obverse description | Dark green and yellow-green intaglio print on a fine guilloche underprint. The bank title 'El Banco de Guanajuato' arches across the upper portion within a decorative cartouche, above the denomination 'Diez Pesos' in a central ornate frame. To the right, a classical allegorical female figure in robes stands beside a shield bearing the Mexican eagle, inscribed 'Patria'; the lower centre carries the place and date inscription 'Guanajuato, 1o de Junio de 1914', with three manuscript signatures for the Interventor del Gobierno, Gerente, and Consejero below. |
|---|---|
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| Reverse description | Printed in dark green on a pale ground, the reverse is dominated by a large central circular vignette containing the Mexican national eagle coat of arms, encircled by the legend 'El Banco de Guanajuato'. Elaborate guilloche lathe-work panels flank the centre on left and right, each containing a large numeral '10', with the denomination numeral repeated in each corner. The printer's imprint 'Bouligny & Schmidt Sucr. Mexico' appears along the lower margin. |
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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.