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5 Pesos El Banco de Guerrero

Issuer Banco de Guerrero
Year 1906-1914
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Value 5 Pesos (5 MXP)
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Reverse description Entirely engraved in green, the reverse is anchored by a large central oval vignette presenting a panoramic view of Acapulco, with the town's waterfront, bay, and surrounding hills rendered in fine intaglio detail. Ornate guilloche rosettes enclosing the numeral '5' appear at left and right, flanking the central scene. The bank name 'BANCO DE GUERRERO' is inscribed across the lower border, with 'AMERICAN BANK NOTE COMPANY, NEW YORK.' printed below the design.
Reverse lettering BANCO
DE GUERRERO
AMERICAN BANK NOTE COMPANY, NEW YORK.
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Banco de Guerrero was one of the smaller regional concession banks operating under Mexico's 1897 Ley General de Instituciones de Crédito, which authorized state-chartered banks to issue their own circulating notes. The bank served the Pacific coast state of Guerrero — commercially thin territory — and its notes rarely traveled far from the region, which means surviving examples saw genuine local use rather than vault storage.

The American Bank Note Company contract for this series was typical of Mexican regional banks of the period, most of which went to New York for intaglio work rather than relying on domestic printers. When Huerta's government nationalized and then collapsed between 1913 and 1914, outstanding notes from banks like Guerrero became rapidly worthless, cutting the effective issue period short.

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