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5 Pesos El Banco de Jalisco

Issuer El Banco de Jalisco
Year 1902-1914
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Value 5 Pesos (5 MXP)
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Obverse description Black intaglio print on green and yellow guilloche underprint, with red serial numbers. At left, the coat of arms of Guadalajara, Jalisco appears as the central vignette. The denomination and bank title are rendered in period letterpress typography.
Obverse lettering EL BANCO DE JALISCO PAGARA AL PORTADOR CINCO PESOS A LA VISTA EN EFECTIVO Guadalajara, México, 26 de marzo de 1914
(Translation: The Bank of Jalisco will pay the bearer Five Pesos on sight in cash Guadalajara, Mexico 26 March 1914)
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El Banco de Jalisco was one of the regionally chartered banks operating under Mexico's 1897 General Law of Credit Institutions, which created a deliberately fragmented banking system — no single state bank could issue notes beyond its own territory without penalty. That restriction mattered little in practice along the Guadalajara commercial corridor, where Jalisco notes circulated freely regardless of the legal geography.

The ABNC printed for dozens of Latin American state and national banks during this period, and the Jalisco series shares plate characteristics with several other Mexican provincial issues from the same shop. The charter was annulled in 1914 when Carranza's revolutionary government liquidated the entire concession banking system, leaving large quantities of unredeemed notes outstanding.

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