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500 Pesos El Banco de Durango
| Issuer | El Banco de Durango |
|---|---|
| Year | 1914 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 163 × 80 mm |
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|---|---|
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| Reverse description | Entirely engraved in dark green on a plain ground, the reverse is dominated by three large guilloche rosette panels each bearing the numeral "500", with the central panel set within a bold geometric diamond-shaped frame. Fine lathe-work engine-turning fills all surrounding areas, creating a dense, intricate pattern throughout. The legend "BANCO" appears at the top centre and "DE DURANGO" at the bottom centre, with the printer's imprint "AMERICAN BANK NOTE COMPANY, NEW YORK." along the lower margin. |
| Reverse lettering | BANCO DE DURANGO 500 AMERICAN BANK NOTE COMPANY, NEW YORK. (Translation: BANK OF DURANGO 500) |
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| Comments |
El Banco de Durango operated under the 1897 banking law that granted concessions to state-chartered institutions across Mexico, allowing them to issue their own circulating notes — a fragmented system that was already under political strain before the Revolution made it untenable. By 1914, the Constitutional forces under Carranza were moving to suppress the old concession banks entirely, and notes issued in this final period circulated in an atmosphere of deep public skepticism, often at steep discounts to face value.
The American Bank Note Company plate for this series predates the crisis; the notes were ordered in better times and pressed into service well past the point of public confidence in the issuing institution.