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1000 Pesos

Issuer Banco de México
Year 2019-2023
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Printer Banco de México, Mexico
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Obverse description Central vignette presents three portrait busts of revolutionary figures: Carmen Serdán, Hermila Galindo, and Francisco I. Madero, arranged in a row against an underprint incorporating a steam locomotive in the background. Intaglio-printed legends identifying each figure appear above and below the portraits, with the Banco de México title at the top. The overall design employs fine guilloche patterns and multicolored underprints characteristic of the contemporary Mexican banknote series.
Obverse lettering Banco de México Presidente Francisco I. Madero, Hermila Galindo y Carmen Serdán, impulsores de los ideales de la Revolución Mexicana
(Translation: Bank of Mexico President Francisco I. Madero, Hermila Galindo and Carmen Serdán, promoters of the ideals of the Mexican Revolution)
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Comments

The 1000-peso denomination sits at the top of Mexico's current circulating series, but the more interesting point is the printer: Banco de México operates its own intaglio facility, making it one of a relatively small group of central banks that produces its own currency entirely in-house rather than contracting to De La Rue, Giesecke+Devrient, or similar specialists. That self-sufficiency dates to the mid-twentieth century and reflects a deliberate policy decision that has not wavered despite the cost of maintaining a full production plant.

The security specification for this issue is notably spare — watermark and thread only, without the polymer window elements or color-shifting ink found in many contemporaneous high-value issues from comparable economies.

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