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25 Centavos El Banco Mejicano
| Issuer | El Banco Mejicano |
|---|---|
| Year | 1878 |
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| Composition | Log in to see details |
| Size | 120 × 53 mm |
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|---|---|
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| 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. |
| Reverse lettering | National Bank-Note Company, New York. EL BANCO MEJICANO 25 25 VEINTICINCO CENTAVOS Compañia Nacional de Billetes de Banco, Nueva York. (Translation: National Banknote Company, New York. The Mexican Bank 25 25 Twenty-five centavos National Banknote Company, New York.) |
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| Comments |
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.