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10 Pesos El Banco de Zacatecas
| Issuer | El Banco de Zacatecas |
|---|---|
| Year | 1891-1914 |
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| Printer | American Bank Note Company, New York, United States |
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| Obverse description | The left half of the obverse carries an intaglio landscape vignette of an industrial facility — likely a mining or smelting plant — set against an open sky, rendered in fine line engraving. At centre, a large denominational shield inscribed "10" is flanked by two allegorical female figures in classical dress, beneath an arched legend reading "Pagará en la Ciudad de Zacatecas"; below the shield, the value "Diez Pesos" appears in bold letterpress with the clause "á la vista al portador en efectivo." To the right, an oval portrait vignette of a uniformed male figure — likely a Mexican historical statesman — is set within a guilloche border, with denomination numerals "10" repeated in the upper corners and a yellow-green lathe-work underprint covering the field. |
|---|---|
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| Reverse description | The reverse is printed in dark brown on an uncoloured ground and divided into three principal zones. To the left, a large circular guilloche medallion bears the denomination numeral "10" at its centre, surrounded by an intricate rosette lathe-work pattern, with the bank's name "Banco de Zacatecas" inscribed along the outer ring. The central panel contains a wide panoramic vignette of the city of Zacatecas as seen from an elevated vantage point, with hills and the urban skyline rendered in finely detailed intaglio engraving. A smaller guilloche roundel carrying the numeral "10" occupies the right zone, and an elaborate engine-turned border frames the entire design; the imprint "American Bank Note Company, New York" appears at the bottom centre. |
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| Comments |
El Banco de Zacatecas was one of the regional banks authorized under Mexico's 1897 Ley General de Instituciones de Crédito, which created a patchwork of state-chartered banks each permitted to issue their own notes — a deliberately decentralized model that the Díaz government found politically convenient but which complicated commerce across state lines. Notes from Zacatecas were technically only legal tender within the state, though enforcement was inconsistent.
The American Bank Note Company produced this series across a span that ran directly into the Revolution, and many outstanding Banco de Zacatecas notes were never redeemed after the 1916 forced liquidation of the regional banking system under Carranza.