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2 Pesos El Banco de Guanajuato
| Issuer | El Banco de Guanajuato |
|---|---|
| Year | 1912-1914 |
| Type | Log in to see details |
| Value | 2 Pesos (2 MXP) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | El Banco de Guanajuato pagará a la vista al portador en efectivo Dos Pesos (Translation: The Bank of Guanajuato will pay the bearer on demand in cash Two Pesos) |
| Reverse description | Printed in dark blue, the reverse centres on an oval vignette enclosing the coat of arms of Guanajuato, surmounted by a crown and flanked by elaborate guilloche scrollwork. Symmetrical numeral '2' counters appear at left and right within lobed floral medallions matching the obverse underprint design. The imprint 'American Bank Note Company, New York' appears at the foot of the note. |
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| Comments |
El Banco de Guanajuato was one of the regional banks chartered under Mexico's 1897 Ley General de Instituciones de Crédito, which created a fragmented system of state-linked banks operating alongside the dominant Banco Nacional. The 1910 Revolution progressively strangled that system — by 1913, Huerta's government was forcing regional banks to extend loans they could not recover, and Carranza's forces were confiscating reserves outright in contested territories like Guanajuato.
The American Bank Note Company produced this note before the revolutionary disruption peaked, but many of these issues circulated into a period when the bank had effectively lost control of its own redemption obligations. Liquidation of all regional banks was formalized in 1916.