50 Pesos

Vorderseitenbeschreibung	Red-violet and black intaglio print on multicolor guilloche underprint. Portrait vignette of José María Morelos at right, with crossed cannons over an outlined bow and arrow below his personal flag at left center. Denomination and issuer name appear in intaglio lettering along the upper and lower margins.
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Rückseitenbeschreibung	Anmelden um Details zu sehen
Rückseitenlegende	BANCO DE MEXICO 50 PESOS CINCUENTA EDO. DE MICHOACAN (Translation: BANK OF MEXICO 50 PESOS FIFTY / STATE OF MICHOACAN)
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Sicherheitsmerkmal	Anmelden um Details zu sehen
Beschreibung der Sicherheitsmerkmale	Anmelden um Details zu sehen
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Anmerkungen	This series spans a transitional moment in Banco de México's printing history — the cotton paper 50 Pesos issues of this period were being progressively phased out in favor of polymer substrate notes, with the polymer 50 Pesos entering circulation in 2004. The sheer number of signature combinations here, ten across three print dates, reflects the unusually high turnover among deputy governors during the early years of Guillermo Ortiz Martínez's tenure as Governor. The November 2003 date introduces a new Cashier signatory — Hernández Barba replacing Sierra Otero — making that combination the scarcest of the run. Collectors routinely overlook signature variety on this type.