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5 Pesos

Issuer Banco de México
Year 1957-1970
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Reference(s) P#60
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Reverse description Black intaglio print with black treasury and bank seals. At center, a vignette of the Monumento a la Independencia (Monument to Independence), designed by architect Antonio Rivas Mercado and executed in sculpture by Enrique Alciati, set against a lightly printed background.
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Variants P#60a - 19.06.1957 series FX
P#60b - 24.07.1957 series GQ
P#60c - 20.08.1958 series HC-HJ
P#60d - 18.03.1959 series HS-HV / HU
P#60e - 20.05.1959 series IQ-IT
P#60f - 25.01.1961 series JO-JV
P#60g - 08.11.1961 series LC-MP
P#60h - 24.04.1963 series AIE-AJJ
P#60j - 19.11.1969 series BGK-BGT
P#60k - 22.07.1970 series BIG-BII
Comments

The Banco de México had relied on American Bank Note Company for decades by the time this series entered production — a relationship that stretched back to the 1920s and reflected Mexico's limited domestic intaglio capacity rather than any particular preference. ABNC's New York facilities handled the security printing for most of the mid-century Mexican series, and the quality consistency across the run is notable given the thirteen-year production span.

Pick 60 spans a period that saw Mexico's "Stabilizing Development" economic policy in full effect — low inflation, fixed exchange rate, steady peso confidence. A 5-peso note circulated comfortably in daily commerce throughout most of the issue period before inflation began eroding small-denomination utility by the late 1960s.

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