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50 Pesos

Issuer Banco de México
Year 1936-1940
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Composition Paper
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Obverse description Intaglio-engraved portrait of General Ignacio Zaragoza within an oval vignette at right, identified by the inscription "ZARAGOZA" beneath. The centre of the note carries a large guilloche oval with the denomination numeral "50" in white relief, flanked by two smaller "50" counters, set against a multicolour underprint of intricate lathe-work in orange, blue and green tones. The issuer title "BANCO DE MEXICO S.A." appears in bold letterpress across the upper portion, with "CINCUENTA PESOS" and the bearer clause "PAGARA A LA VISTA AL PORTADOR" in a decorative panel at lower centre; signature lines for CONSEJERO, INTERVENTOR DEL GOBIERNO, and CAJERO are printed at the bottom.
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Reverse description A wide intaglio panoramic vignette in green occupies the central field, rendered in fine engraving and presenting a sweeping cityscape in the foreground with the snow-capped volcanic peaks of Iztaccíhuatl and Popocatépetl rising in the background, each identified by their respective names in small lettering along the lower edge of the vignette. Large white-relief "50" numerals anchor the left and right panels within ornate guilloche borders, and the issuer name "BANCO DE MEXICO S.A." is set in a decorated band at the top. The denomination legend "CINCUENTA PESOS" appears in a scrollwork panel at the bottom, with the printer's imprint "AMERICAN BANK NOTE COMPANY" below the design.
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Variants P#37a - 21.04.1937
P#37b - 26.06.1940
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