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20 Pesos El Banco Oriental de Mexico

Issuer El Banco Oriental de Mexico
Year 1900-1914
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Value 20 Pesos (20 MXP)
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Obverse description The obverse is printed in dark green and black intaglio on a brown-orange guilloche underprint. To the left, a tall allegorical vignette depicts a monument with a winged female figure atop a globe, surrounded by figures below — likely representing Progress or Victory. At centre, a large ornate numeral '20' is set within an elaborate lathe-work medallion, above a banner cartouche reading 'VEINTE XX 20 XX PESOS' and the sub-legend 'EN EFECTIVO'. To the right, an oval portrait vignette shows a distinguished gentleman in 19th-century attire, rendered in fine intaglio engraving. The date 'Puebla, 3 de Febrero de 191[?]' and three manuscript signature lines appear at the lower portion, with role designations 'Gerente', 'Interventor del Gobierno', and 'Consejero'.
Obverse lettering EL BANCO ORIENTAL DE MEXICO
PAGARA AL PORTADOR EN ESTA CIUDAD A LA VISTA
VEINTE XX 20 XX PESOS
EN EFECTIVO
PUEBLA
GERENTE
INTERVENTOR DEL GOBIERNO
CONSEJERO
(Translation: The Eastern Bank of Mexico will pay to the bearer in this city on sight Twenty Pesos in cash. Puebla. Manager. Government Inspector. Director.)
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Comments

El Banco Oriental de México was chartered in 1900 under the Díaz-era banking reforms that parceled out regional note-issuing rights across Mexico — a deliberate strategy to develop provincial credit markets while keeping the Banco Nacional and Banco de México dominant at the federal level. Oriental served Puebla and the surrounding region, and its notes circulated through an economy still heavily dependent on hacienda labor systems and cash wages paid in scrip.

The series ran through 1914, when Carranza's revolutionary government voided all concession-bank emissions. Notes from the final years of issue were effectively worthless within months of printing.

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