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20 Pesos Sonora Bank

Issuer Banco de Sonora
Year 1898-1911
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Value 20 Pesos (20 MXP)
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Obverse description Blue intaglio on pink underprint; a reclining allegorical female figure with pitcher pouring water amid foliage occupies the left-center vignette, with a portrait of a young girl (Hortensia Corral Vélez) to the right. Issuer name across top, face value in numerals at all four corners and on side panels, with value in words and three signature spaces with printed titles below.
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Reverse description Printed in red; the issuer name in bold lettering is centered, flanked on both sides by the face value in numerals, with the printer's imprint along the lower margin.
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Banco de Sonora was one of the privileged regional banks operating under Mexico's 1897 Ley General de Instituciones de Crédito, which granted select state-chartered institutions the right to issue circulating notes — a right jealously guarded and commercially lucrative. The bank served the northwestern frontier economy, where mining and cross-border trade with Arizona made dollar-denominated commerce a constant competitive pressure on peso notes.

American Bank Note Company held the printing contract throughout the series run, a common arrangement for Mexican regional banks of the Porfiriato period who trusted New York security printers over domestic alternatives. The relationship ended abruptly when revolutionary disruption and the 1913 forced closure of most state banks terminated circulation entirely.

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