Catalog
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| Issuer | Banco Otero y Ca., Córdoba |
|---|---|
| Year | 1880 |
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| Composition | Cotton paper |
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| Obverse description | At upper left, a vignette of a uniformed male figure is enclosed within an ornate frame, with a numeral '5' cartouche positioned below; a second allegorical vignette with figures occupies the lower left. The central field carries the issuer's name 'EL BANCO OTERO & Ca' in bold letterpress, the denomination 'Cinco Pesos' in large script, and a handwritten date line reading 'Córdoba, 2 de Enero de 1880', flanked by serial numbers in two positions. Guilloche borders and large numeral '5' ornaments articulate the right margin and the upper and lower registers. |
|---|---|
| Obverse lettering | CINCO EL BANCO OTERO & Ca Nº A 01006 Pagará a la vista y al portador Cinco Pesos Plata sellada en moneda de ley Córdoba, 2 de Enero de 1880 CINCO |
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| Comments |
Banco Otero & Ca. was one of several private Mexican banks operating under the loose regulatory framework that preceded the 1897 Ley General de Instituciones de Crédito, which eventually forced consolidation and pushed most private note-issuing houses out of existence. Notes from this issuer are genuinely scarce — the bank had a limited regional footprint and a correspondingly small circulation.
PS2002 is catalogued but rarely appears at auction. When examples do surface, they tend to show heavy use, consistent with a small bank that actually put its paper to work rather than sitting on reserves.