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5 Pesos El Banco Peninsular Mexicano
| Issuer | El Banco Peninsular Mexicano |
|---|---|
| Year | 1914 |
| Type | Log in to see details |
| Value | 5 Pesos (5 MXP) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Black on yellow and orange underprint. An oval vignette at left contains a steam locomotive, while the right portion carries a vignette of dockworkers with a sailing vessel in the background. Large numeral 5s occupy all four corners. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Bright orange. A large central numeral 5 is enclosed within a circular guilloche band bearing the bank name, flanked on either side by allegorical statues facing inward. Large 5s appear at upper left and lower right. A blue treasury seal and a 2-centavo revenue seal are affixed to the left side. |
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| Comments |
El Banco Peninsular Mexicano operated out of Mérida, Yucatán, a region that maintained an unusual degree of economic autonomy during the chaos of the Mexican Revolution. In 1914, while the rest of Mexico's banking system was effectively collapsing under competing revolutionary factions, several regional banks — Peninsular among them — continued placing orders with the American Bank Note Company, whose New York presses remained the prestige choice for Mexican provincial issuers well into the revolutionary period.
The Yucatán's henequen monopoly gave the peninsula hard currency reserves that most Mexican states simply didn't have, which is part of why Peninsular could still afford ABNC printing when others couldn't.