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10 Pesos El Banco Mercantil de Yucatan

Uitgever Banco Mercantil de Yucatán
Jaar 1904
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Rectangular
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde El Banco Mercantil de Yucatán pagará a la vista al portador a la par en dinero efectivo la cantidad de 10 pesos. Mérida, México 28 de mayo de 1904
(Translation: The Banco Mercantil de Yucatán will pay the bearer at sight at par in cash the amount of 10 pesos. Merida, Mexico May 28, 1904)
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Banco Mercantil de Yucatán
American Bank Note Company, New York
Secretaría de Hacienda de Yucatán
(Translation: Mercantile Bank of Yucatan / American Bank Note Company, New York / Treasury Secretariat of Yucatan)
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Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
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Opmerkingen

The Banco Mercantil de Yucatán operated under the concession system established by Mexico's 1897 General Banking Law, which restricted note-issuing rights to chartered state banks — a deliberate attempt to curb the proliferation of wildcat paper that had plagued northern states in the previous decade. Yucatán's henequen boom made it one of the few provincial economies capable of actually backing that paper, and the Mercantil was its principal instrument.

The American Bank Note Company held the contract for much of Mexico's provincial bank printing during this period, and the quality of intaglio work on Yucatecan issues is noticeably finer than contemporaries printed by smaller houses. The 1897 banking framework was dismantled entirely after 1913 during the Huerta period, when most state bank concessions were effectively voided.

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