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10 Pesos El Banco de Aguascalientes

Issuer El Banco de Aguascalientes
Year 1902-1910
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Printer American Bank Note Company, New York, United States
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Obverse lettering EL BANCO DE AGUASCALIENTES PAGARA DIEZ PESOS A LA VISTA AL PORTADOR EN EFECTIVO. AGUASCALIENTES, JULIO 1º DE 1910.
(Translation: The Bank of Aguascalientes will pay Ten Pesos on sight to the bearer in cash. Aguascalientes, July 1st 1910.)
Reverse description Printed in brown intaglio on a plain paper ground, the reverse is dominated by an elaborate symmetrical guilloche framework with large rosette patterns flanking a central oval portrait vignette of a young woman adorned with coin jewelry, a beaded headdress, and ornate earrings, catalogued as ABNC vignette C 774. The numeral "10" appears in bold relief within the guilloche rosettes at left and right. Blue circular official seals are applied at upper left and upper right, and a Mexican postage stamp is affixed at upper left.
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Comments

El Banco de Aguascalientes was one of the smaller regional concession banks operating under Mexico's 1897 Ley General de Instituciones de Crédito, which granted state-chartered banks the right to issue circulating notes backed by metallic reserves. The bank's charter was tightly tied to the economic interests of the silver-mining sector in Aguascalientes, and its note-issuing privileges were effectively extinguished when Huerta's government nationalized the concession banking system in 1913.

ABNC produced this series with their characteristic intaglio precision. The plate work is consistent with their Mexican regional bank contracts of the period, several of which used shared border and lathe-work elements across different issuing institutions.

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