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1 Peso Compañía Minera 'Las Dos Estrellas'

Issuer Compañía Minera 'Las Dos Estrellas'
Year 1914
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Size 162 × 72 mm
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Obverse lettering COMPAÑÍA MINERA "LAS DOS ESTRELLAS"
TLALPUJAHUA, MICH.
VALE POR
UN PESO
1.00
UN PESO.
LAS DOS ESTRELLAS
1º DE DICIEMBRE DE 1914.
CONTADOR.
GERENTE.
SERIE H
(Translation: MINING COMPANY "THE TWO STARS" / TLALPUJAHUA, MICH. / GOOD FOR / ONE PESO / 1.00 / ONE PESO. / THE TWO STARS / 1ST OF DECEMBER 1914. / ACCOUNTANT. / MANAGER. / SERIES H)
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Protection description Fine engine-turned guilloche underprint on both obverse and reverse; central lathe-work cartouche on reverse with intricate filigree pattern
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Comments

Las Dos Estrellas was a Franco-Belgian mining company operating silver and gold mines in Tlalpujahua, Michoacán — one of the richest mining districts in pre-revolutionary Mexico. During the upheaval of 1914, when Constitutionalist and Villista forces disrupted commercial banking across the country, dozens of private employers began issuing their own scrip to pay workers and sustain local commerce. This note is one of those emergency instruments, valid essentially within the company's own economic orbit.

The guilloche pattern was almost certainly produced locally rather than by a specialist security printer, which is consistent with most Tlalpujahua scrip of this period. The mine itself survived well into the twentieth century before flooding definitively closed operations in 1959.

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