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20 Pesos El Banco de Guerrero
| Issuer | Banco de Guerrero |
|---|---|
| Year | 1906-1914 |
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| Printer | American Bank Note Company, New York, United States |
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|---|---|
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| Reverse description | Printed in black intaglio on plain paper, the reverse is dominated by a large central oval vignette presenting a sweeping panoramic view of the port city of Acapulco, with the bay, surrounding hills, vessels at anchor, and the urban foreground rendered in fine engraved line work. Large ornate denominational numerals "20" appear at left and right within elaborate guilloche cornerpieces. The bank name is divided between a scroll banner at top reading "BANCO" and a lower panel reading "DE GUERRERO", with the printer's imprint below the central vignette. |
| Reverse lettering | BANCO DE GUERRERO AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: Bank of Guerrero) |
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| Comments |
Banco de Guerrero was one of the smaller regional concession banks operating under Mexico's 1897 Ley General de Instituciones de Crédito, which granted state-chartered banks the right to issue currency but capped circulation at three times paid-up capital — a constraint that kept most provincial issuers perpetually underpowered. The bank's notes circulated primarily within Guerrero state, where federal Banco Nacional paper was scarce and distrusted in equal measure.
The American Bank Note Company contract placed this note in the same production stream as dozens of Latin American issues of the period. ABNC retained the intaglio plates regardless of political upheaval, which is why some Guerrero notes continued to surface after the bank lost its concession during the revolutionary banking reforms of 1913–1914.