Catalog
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| Issuer | Banco Oriental de Mexico |
|---|---|
| Year | 1900-1914 |
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| Composition | Paper |
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|---|---|
| Obverse lettering | EL BANCO ORIENTAL DE MEXICO pagara al portador en esta ciudad á la vista Cinco Pesos EN EFECTIVO Puebla, Septiembre 1º de 1909 (Translation: The Eastern Bank of Mexico will pay to the bearer in this city on sight Five Pesos in cash. Puebla, September 1st 1909) |
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| Reverse lettering | BANCO ORIENTAL DE MEXICO (Translation: Eastern Bank of Mexico) |
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| Comments |
Banco Oriental de Mexico was one of the regional concession banks operating under Mexico's 1897 Banking Law, which granted note-issuing privileges to a clutch of state-level institutions while the Banco Nacional de Mexico held dominant federal status. Oriental's concession covered Puebla and surrounding territory. The arrangement lasted until 1913–1914, when the revolutionary turmoil under Huerta effectively collapsed the concession banking system, and most circulating notes of these regional banks were repudiated or left unredeemed.
ABNC produced the plates in New York — the series shares that glossy intaglio finish characteristic of their Mexican commissions from this period. Surviving examples frequently show heavy circulation wear, consistent with prolonged use in a commercial region that had few alternative instruments before the system's abrupt end.