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500 Pesos El Banco de Londres y Mexico

Issuer Banco de Londres y Mexico
Year 1889-1913
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Value 500 Pesos (500 MXP)
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Reverse description Printed entirely in dark brown intaglio on an uncoloured ground, the reverse centres on a large arched vignette of a groom standing beside a heavy draught horse, with a second rearing horse and handler visible in the background. The central scene is framed by intricate guilloche rosettes and lathe-work panels at each corner, with the denomination '500' rendered in mirror-image counters at all four corners. The bank name is lettered in bold serif capitals along a panel at the foot of the design, with the printer's imprint below.
Reverse lettering BANCO DE LONDRES Y MEXICO
AMERICAN BANK NOTE COMPANY, NEW YORK
(Translation: Bank of London and Mexico)
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The Banco de Londres y México was the oldest commercial bank in Mexico, established in 1864 as a branch of the London Bank of Mexico and South America. It held a privileged position under the Díaz concession system, one of only two banks authorized to issue notes with national circulation — the other being Banamex. That duopoly made high-denomination issues like this one instruments of serious commercial and industrial finance, not everyday exchange.

The American Bank Note Company printed for the bank across several decades, with plate designs updated at intervals that complicate precise dating within the 1889–1913 window. The series was rendered void following the 1913–1914 banking collapse triggered by the Revolution.

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