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1 Peso Compañía Minera 'Las Dos Estrellas'
| Issuer | Compañía Minera 'Las Dos Estrellas' |
|---|---|
| Year | 1915 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | COMPAÑÍA MINERA "LAS DOS ESTRELLAS" TLALPUJAHUA, MICH. VALE POR UN PESO. LAS DOS ESTRELLAS 1º DE FEBRERO DE 1915. CONTADOR. GERENTE. SERIE R (Translation: Mining Company "The Two Stars" / Tlalpujahua, Mich. / Good for / One Peso / The Two Stars / 1st of February 1915 / Accountant / Manager / Series R) |
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| Reverse lettering | $1.00 (Translation: $1.00) |
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| Comments |
Las Dos Estrellas was one of the most productive gold and silver mines in Mexico, operating in the mountains of Michoacán under Anglo-Mexican management. During the Revolution, the federal banking system collapsed entirely, and mining companies, haciendas, and local merchants across the country began issuing their own scrip — not as a political act but out of sheer necessity, because there was simply no other medium of exchange reaching remote industrial camps.
These company notes, known collectively as *bilimbiques*, were redeemable only at the company store and payable to workers in lieu of coin. The mine continued operating well into the 1930s; nationalization came in 1959.