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2 Pesos

Issuer Banco de México
Year 1930
Type Pattern or trial banknote
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Reverse description The reverse is printed in brown intaglio with a rich guilloche surround. A central vignette presents a detailed engraving of the Angel of Independence column (Columna de la Independencia) in Mexico City, complete with its sculptural base. Two symmetrical panels at left and right each contain an eight-petalled rosette medallion on a radiating lathe-work ground. The denomination '2 PESOS' appears in ornamental cartouches at both lower corners, and the issuer inscription 'BANCO DE MEXICO' is divided across the upper portion flanking the central vignette.
Reverse lettering BANCO DE MEXICO
DOS PESOS
PESOS
TALLERES DE IMPRESION DE ESTAMPILLAS Y VALORES MEXICO
(Translation: Bank of Mexico / Two Pesos)
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Comments

The Banco de México was only established in 1925, making this 1930 note part of the institution's earliest years of operation — a period when the government was still consolidating central banking authority and phasing out the note-issuing rights of private and regional banks that had fragmented Mexican currency for decades. The American Bank Note Company in New York handled printing throughout much of this formative period, a common arrangement for Latin American central banks that lacked domestic intaglio infrastructure.

The P#59 series is scarce in circulated grades because low-denomination notes of this era were heavily used and rarely preserved.