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2 Pesos El Banco de Guanajuato
| Issuer | El Banco de Guanajuato |
|---|---|
| Year | 1912-1914 |
| Type | Standard circulation banknote |
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| Obverse description | Dark blue intaglio-printed note with an elaborate guilloche underprint in the centre bearing a large numeral '2' within an ornate floral medallion. To the right, a classical allegorical female figure seated with laurel branches and a lion, executed in fine line engraving by the American Bank Note Company. The bank title 'El Banco de Guanajuato' runs across the upper portion, with red serial numbers printed twice and three manuscript signatures along the lower margin above the denomination tablet 'Dos Pesos'. |
|---|---|
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| Reverse lettering | Banco de Guanajuato 2 Pesos (Translation: Bank of Guanajuato 2 Pesos) |
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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.