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50 Pesos
| Issuer | Banco de México |
|---|---|
| Year | 1936-1940 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO DE MEXICO S.A. PAGARA CINCUENTA PESOS A LA VISTA AL PORTADOR CONSEJERO INTERVENTOR DEL GOBIERNO CAJERO Mexico, D.F. SERIE No. (Translation: The Bank of Mexico S.A. will pay fifty pesos to the bearer on demand) |
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| Reverse lettering | BANCO DE MEXICO S.A. IXTACIHUATL POPOCATEPETL CINCUENTA PESOS AMERICAN BANK NOTE COMPANY (Translation: Bank of Mexico S.A. / Fifty Pesos) |
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| Comments |
The P#37 series was issued during a period when Banco de México was still consolidating its role as the nation's sole bank of issue — a process legally completed in 1932 but practically still unfolding through the late 1930s as older commercial bank notes were finally cleared from circulation. American Bank Note Company had a long relationship with Mexican federal issuers stretching back into the nineteenth century, and the P#37 continues that arrangement through what was, for Mexico, a decade of significant monetary restructuring under Cárdenas.
Notes from the later end of this date range — closer to 1940 — tend to show heavier circulation wear, consistent with the economic pressures of wartime commodity demand that was already beginning to affect Mexico's export economy before formal hostilities reached the Americas.