Catalog
5 Pesos
| Issuer | Banco del Norte |
|---|---|
| Year | 1882 |
| Type | Standard circulation banknote |
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| Obverse description | The obverse is dominated by a large central text band reading 'EL BANCO DEL NORTE' above 'CINCO PESOS', set against an ornate guilloche underprint with repeated denomination numerals around the border. To the upper left, a vignette portrays a figure on horseback in a rocky landscape, rendered in fine intaglio engraving. The upper portion carries the series and serial number panel, issuance place 'SOCORRO', and date 'Enero 1o. de 1882', with three signature lines at the lower margin designated for bank officers. |
|---|---|
| Obverse lettering | EL BANCO DEL NORTE pagará al portador a la vista CINCO PESOS Serie B. No. SOCORRO Enero 1o. de 1882 EL 2o. DIRECTOR EL DIRECTOR GERENTE EL 3er. DIRECTOR BANCO DEL NORTE V5 CINCO 5V |
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| Comments |
Banco del Norte operated out of Monterrey, Nuevo León, and was one of several regional Mexican banks granted concession rights under the Lerdo and Díaz administrations before the 1897 Ley General de Instituciones de Crédito rationalized the entire sector. The ABNC handled the engraving and printing in New York, which was routine for Mexican provincial banks of this period — domestic printing infrastructure simply couldn't match the security standards required by concession agreements.
The S-prefix in the Pick reference indicates this note was never adopted as a recognized national issue. Regional bank paper from this era is frequently undervalued precisely because survival rates were low — notes from banks that lost their concessions were actively withdrawn and pulped.