5 Pesos El Banco de Guerrero

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.