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2 Pesos El Imperio Mexicano

Issuer El Imperio Mexicano (Mexican Empire)
Year 1823
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Value 2 Pesos (2 MXP)
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Obverse description The upper portion is divided between the denomination DOS PESOS in large letterpress type at the left and a manuscript serial number at the right, with the Imperial Coat of Arms of the Mexican Empire centered between them. Below the central vignette, a letterpress text block carries the empire's pledge to pay two pesos in accordance with the Decree of 20 December 1822, dated Mexico, 1 January 1823, with three handwritten manuscript signatures beneath. The left and right margins are enclosed by a geometric ornamental border bearing the repeated inscription DOS PESOS.
Obverse lettering DOS PESOS EL IMPERIO MEXICANO promete pagar esta cantidad de DOS PESOS con arreglo al Decreto de 20 de Diciembre de 1822, sobre este asunto. México 1 de Enero de 1823
(Translation: TWO PESOS THE MEXICAN EMPIRE promise to pay this amount of TWO PESOS, according to the Decree of December 20, 1822, on this matter. Mexico January 1, 1823)
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Comments

This note belongs to the brief and chaotic first Mexican Empire under Agustín de Iturbide, who declared himself emperor in 1822 and was forced to abdicate in March 1823 — meaning this issue was being circulated, or at least prepared, during the final weeks of a collapsing regime. The empire lasted less than two years, and fiscal disarray plagued it throughout; paper money was deeply unpopular with a population that had just spent a decade in independence warfare.

Survivors are rare precisely because the empire's end was so abrupt. Notes were neither systematically redeemed nor officially demonetized in any organized way.

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