Catalog
25 Centavos Banco Comercial de Chihuahua
| Issuer | Banco Comercial de Chihuahua |
|---|---|
| Year | 1889 |
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| Printer | American Bank Note Company, New York, United States |
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| Obverse description | Black intaglio print on orange underprint, with red serial numbers at upper left and lower right. A portrait vignette of Miguel Hidalgo y Costilla occupies the center of the note. The text is arranged in formal letterpress style above and below the central vignette. |
|---|---|
| Obverse lettering | BANCO COMERCIAL DE CHIHUAHUA SOCIEDAD ANONIMA PAGARÁ AL PORTADOR Á LA VISTA VEINTICINCO CENTAVOS EN MONEDA DE PLATA DEL CUÑO MEXICANO Chihuahua 1889. (Translation: Commercial Bank of Chihuahua, Anonymous Society, will pay the bearer at sight Twenty-five Cents in Mexican silver) |
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| Comments |
The Banco Comercial de Chihuahua was one of several state-chartered banks operating under Mexico's 1884 Commercial Code, which broke the Banco Nacional's near-monopoly and briefly allowed regional institutions to issue their own circulating notes. The Chihuahua bank's concession was closely tied to the mining and cattle economy of the northern frontier, where small-denomination fractional notes like this one handled day-to-day commerce that silver coin couldn't easily reach.
ABNC's involvement was standard for Mexican provincial banks of this period — the quality of the engraving far exceeded what any domestic printer could supply.