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10 Pesos El Banco Minero
| Issuer | El Banco Minero |
|---|---|
| Year | 1888-1914 |
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| Value | Log in to see details |
| Currency | Peso (1863-1992) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Chihuahua, EL BANCO MINERO PAGARÁ Á LA Vista AL PORTADOR Diez Pesos á la par, en efectivo. (Translation: Chihuahua, The Mining Bank will pay on sight to the bearer Ten Pesos at par, in cash.) |
| Reverse description | Brown intaglio print. At center, the ABNC stock vignette known as "Cattle on the Road," an engraved pastoral scene with cattle in movement along a rural path, surrounded by ornamental guilloche borders. |
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| Comments |
El Banco Minero was chartered in Chihuahua in 1882, one of several regional banks that emerged under Mexico's 1884 banking legislation allowing state-level note issuance — a deliberate decentralization that the later Díaz reforms would progressively tighten. The bank served the northern mining economy almost exclusively, and its notes circulated in a region where payroll demands from silver and copper operations created genuine pressure on the money supply.
The American Bank Note Company held the printing contract across the full date range of this series, an unusually long run for a provincial Mexican institution. ABNC's New York plant produced notes for dozens of Latin American issuers simultaneously during this period, and the Banco Minero plates were among those seized or suspended during the revolutionary disruptions after 1910.