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25 Centavos El Banco Mejicano

Issuer El Banco Mejicano
Year 1878
Type Standard circulation banknote
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Obverse lettering 25 VEINTICINCO 25 VEINTICINCO CENTAVOS 25 VEINTICINCO 25 Chihuahua 1878. El Banco Mejicano PAGARÁ á la vista al portador VEINTICINCO CENTAVOS EN MONEDA CORRIENTE ó su equivalente en pesos fuertes, al 8p% de cambio, á eleccion del Banco. 25 PRESIDENTE. CONTADOR. Compañia Nacional de Billetes de Banco, Nueva York. 25 VEINTICINCO 25 VEINTICINCO CENTAVOS 25 VEINTICINCO 25 National Bank-Note Company, New York. National Bank-Note Company, New York.
(Translation: 25 TWENTY-FIVE 25 TWENTY-FIVE CENTAVOS 25 TWENTY-FIVE 25 Chihuahua 1878. The Mexican Bank WILL PAY to the bearer TWENTY-FIVE CENTAVOS in CURRENT CURRENCY or its equivalent in strong pesos, at 8% exchange rate, at the Bank's choice. 25 President. Accountant. National Banknote Company, New York. 25 TWENTY-FIVE 25 TWENTY-FIVE CENTAVOS 25 TWENTY-FIVE 25)
Reverse description Printed in red. A central vignette of a plow and sheaf is enclosed within intricate guilloche lathe-work borders. Denomination numerals appear at both sides.
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El Banco Mejicano was one of the earliest private commercial banks chartered in Mexico, operating out of Veracruz during a period when the federal government had not yet established a unified national banking framework — that wouldn't come until the Ley General de Instituciones de Crédito of 1897. These fractional centavo notes filled a genuine gap in small-denomination commerce in a port city chronically short of hard coin.

The National Bank Note Company credit in the printer's imprint is slightly misleading: NBNC merged into the American Bank Note Company in 1879, just one year after this note's issue date, making this a late product of a firm already in its final months of independent operation.