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50 Pesos

Issuer Banco Internacional
Year 1884
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Value 50 Pesos
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Obverse description Black intaglio on pale orange-pink underprint. Three central vignettes: at left, a seated allegorical female figure; at centre, two putti flanking a globe; at right, a child figure. Denomination 50 appears in all four corners. Issuer title in ornate guilloche frame across top; date and place of issue read "Bogota, 15 de Diciembre de 1884".
Obverse lettering BANCO INTERNACIONAL
BOGOTA, 15 DE DICIEMBRE DE 1884
PAGARÁ AL PORTADOR Á LA VISTA
CINCUENTA PESOS
EN MONEDA CORRIENTE
EL DIRECTOR GERENTE
50
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Comments

Banco Internacional was one of several private Mexican banks operating under the Ley General de Instituciones de Crédito of 1884 — the very legislation that formalized the concession system allowing provincial and commercial banks to issue their own circulating notes. The timing of this note is not incidental; it was the regulatory framework itself that made the issue possible.

The American Bank Note Company's Mexico work from this period is well-documented, and ABNC-printed Mexican private bank notes of the 1880s are now significantly harder to locate than their volume of issue might suggest — many were redeemed and pulped during the banking consolidation that followed the 1897 legislation tightening note-issuing privileges.

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