
Collecting old Mexico currency notes can be a fascinating hobby, but it requires some knowledge and caution. The value of these notes can vary greatly depending on their rarity, condition, and demand.
Mexican currency has a long history, dating back to the 19th century when the country's first paper money was introduced. The Banco de México, the country's central bank, was established in 1925 and has since played a crucial role in issuing and managing the country's currency.
Old Mexico currency notes can be found in various denominations, including 1, 5, 10, 20, and 100 pesos. Each denomination has its own unique design and features, making them interesting collectibles.
To start collecting old Mexico currency notes, it's essential to research and understand the different types of notes, their values, and their condition.
Old Mexico Currency
Mexico's currency history is rich and fascinating. Pancho Villa funded his military campaigns by printing his own currency, which he enforced among merchants at the point of a gun barrel.
The Revolutionary paper currency issued between 1910 and 1920 includes 5 Pesos and 10 Pesos notes, each with its own bright color. These notes feature a Seated Liberty at left, an eagle and snake in the center, and Mexico's famous volcanoes Popocatépetl & Iztaccíhuatl in the background.
You can own a pair of these famous notes from the height of Villa's career, and each set comes in custom designed billfold style packaging.
Banco De Coahuila 1898-1914
The Banco de Coahuila issued a 10 Peso note in 1914, which featured an Allegorical Woman representing Commerce on the front and a Cowboy herding cattle on the back.
This note was printed by the American Bank Note Company and was authorized by the Banco de Coahuila.
The Banco de Coahuila was a prominent bank in Mexico that operated from 1898 to 1914.
The 10 Peso note was graded Choice Very Fine 35 by PMG and sold for $91.00 in May 2020.
Here's a summary of the 10 Peso note:
Banco de Londres y México 1889-1913 Issue

The Banco de Londres y México 1889-1913 Issue is a fascinating piece of old Mexico currency. This issue was printed by the American Bank Note Company.
The denomination of this note is 20 Pesos, with an issue date of 1902. It's interesting to note that this note was printed in a specific series, known as Series C.
The Banco de Londres y México is the authority behind this note, and it features a unique front design with images of Pablo Benito Juarez and Friar Bartolome de las Casas.
On the back of the note, you'll find the Arms of the Banco de Londres y México. This is a common design element found in many old Mexico currency notes.
Here's a brief summary of the note's details:
- Denomination: 20 Pesos
- Issue Date: 1902
- Authority: Banco de Londres y México
- Printer: American Bank Note Company
- Front: Pablo Benito Juarez - Friar Bartolome de las Casas
- Back: Arms
In December 2019, a Choice UNC 64 - PMG graded note of this issue sold for $71.01.
Banco Nacional de Mexico
The Banco Nacional de Mexico was a significant issuer of currency in Mexico from 1885 to 1913. The bank's 50 Peso denomination is a notable example.
One notable variety of the 50 Peso denomination is the Remainder - Overprint Billete Sin Valor, which features an Allegorical Woman on the front. This variety was printed by the American Bank Note Company.
The American Bank Note Company was responsible for printing the Banco Nacional de Mexico's currency. The company's work can be seen in the detailed designs on the banknotes.
Here's a brief overview of the 50 Peso denomination:
- Denomination: 50 Pesos
- Issue Date: 1885-1913
- Reference: S260r
- Variety: Remainder - Overprint Billete Sin Valor
- Authority: Banco Nacional de Mexico
- Printer: American Bank Note Company
- Front: Allegorical Woman (La Siesta) - M. Garcia Tereul
- Back: Church and Street Scene
The Banco Nacional de Mexico's 50 Peso denomination can be graded as About UNC 53 - PMG. This grading indicates a high level of preservation and condition for the note.
Banco De Zacatecas 1891-1914 Issue
The Banco de Zacatecas 1891-1914 Issue is a fascinating piece of old Mexico currency. This issue was printed by the American Bank Note Company.
The denomination of this note is 5 Pesos. It was issued from 1891 to 1914. The reference number for this note is S475r.
The Banco de Zacatecas was the authority behind this issue.
Revolutionary 1913 Issue
The Revolutionary 1913 Issue is a fascinating piece of Mexican currency history. This 1 Peso note was issued in 1913 and is referenced as S626. It was authorized by the Gobierno Constitucionalista de México - Monclova.
The 1913 Issue is a unique example of the currency used during Mexico's Revolutionary period. The notes were printed with a specific reference number and authority, making them highly collectible.
If you're interested in collecting old Mexico currency, you might want to consider the 1913 Issue. This note is a great example of the currency used during this time period and can be a valuable addition to any collection.
Here is a breakdown of the key features of the 1913 Issue:
Mexico 5 & 10 Pesos 2-pc Set VG-F
The Mexico 5 & 10 Pesos 2-pc Set VG-F is a fascinating piece of notaphily history. This set includes 5 Pesos and 10 Pesos notes, each with its own bright color.
The notes were issued between 1910 and 1920, during the height of Pancho Villa's career. He funded his military campaigns by printing his own currency and enforcing its use among merchants.
Each note features a Seated Liberty at left, an eagle and snake in the center, and Mexico's famous volcanoes Popocatépetl & Iztaccíhuatl in the background. The reverse displays a Cap and Ray coin in the center.
These notes come in custom designed billfold style packaging, making them perfect for display in your collection. You can own a pair of these famous notes without engaging in gunplay, unlike Pancho Villa's original method.
Here is a summary of the set's details:
The set is perfect for collectors who want to own a piece of history.
Money in Mexico
Mexico's currency has a rich history, and understanding it is essential for visitors and expats alike. Mexico's banknotes are a vital part of this history, and you can learn more about them on Meexperience.
You can download a free eBook about Money and Bank Services in Mexico from Meexperience, which provides valuable insights into the country's financial system. This eBook is a great resource for anyone looking to navigate Mexico's banking services.
Mexico's banknotes have undergone changes over the years, but you can find the latest articles about Money and finance in Mexico on Meexperience. This will help you stay up-to-date with the latest developments in the country's financial landscape.
If you're interested in learning more about Mexico's money and banknotes, Meexperience has a wealth of information available. Their articles and eBooks are a great starting point for anyone looking to learn more about this fascinating topic.
Collecting and Exchanging
The Bank of Mexico honors all genuine notes it issues, regardless of their date of emission, at present-day values.
If you have old Mexican bank notes, you can exchange them for their present-day value at the Bank of Mexico.
Old bank notes from Mexico can command a premium over their present-day monetary value when sold to collectors, especially if they're in pristine condition.
To assess the value of your old Mexican bank notes, visit a site like eBay to browse old Mexican bank notes.
Exchanging Bank Notes
Exchanging Bank Notes can be a fascinating process, especially for collectors of old currency.
The Bank of Mexico honors all genuine notes it issues, regardless of their date of emission, at present-day values.
If you're looking to exchange your old Mexican bank notes, you'll be pleased to know that the Bank of Mexico will value them at their present-day value.
Bank Note Collectors' Market
You can find a trade for historical bank notes in collectors' markets. Some older notes, especially those in pristine condition, can command a premium over their present-day monetary value.
Older notes can be valuable to collectors, and you can browse old Mexican bank notes on eBay to assess their current value. This can give you an idea of what your notes might be worth.
Collectors are looking for notes in good condition, so if you have old Mexican bank notes that are still in good shape, they could be worth something.
Mexican Peso History
Mexico's currency has a rich and complex history, with fluctuations in exchange rates over the past 70 years revealing a pattern that's woven into the tapestry of the country's economy.
In the 1980s, Mexico's currency was denominated in hundreds and thousands, with $50,000 peso notes being commonplace. The Bank of Mexico even issued a $100,000 peso bank note in the early 1990s, which was worth about US$33 at the time.
Mexico encountered two significant economic crises in recent decades: one in the mid-1970s that spilled over into the early 1980s, and another in the mid-1990s. Both events resulted in the devaluation of the Mexican peso, imposing the same penalty on the currency.
Here are some key facts about Mexico's old currency:
- $50,000 peso notes were common in the 1980s.
- The Bank of Mexico issued a $100,000 peso bank note in the early 1990s.
- The $100,000 peso bank note was worth about US$33 at the time.
The Mexican Peso: A Historical Tour
Mexico's currency has a long and fascinating history. The Mexican Peso has undergone significant fluctuations in value over the past 70 years.
A brief glance back at exchange rate history reveals a pattern of economic crises that have impacted the peso's value. Mexico encountered two significant economic crises in recent decades: one in the mid-1970s that spilled over into the early 1980s, and another in the mid-1990s.
The 1980s saw Mexico's currency denominated in hundreds and thousands, with $50,000 peso notes being commonplace. This was a result of the economic crisis that had a significant impact on the peso's value.
In the early 1990s, the Bank of Mexico issued a $100,000 peso bank note, which was worth about US$33 at the time. This was a reflection of the peso's devaluation during that period.
Mexico Rebases Peso
Mexico re-based its currency in 1993 by removing three zeros from all denominations and launching the New Peso.
The new currency, known as the New Peso, was introduced on January 1, 1993, with a series of bank notes that looked exactly like the old ones, but with two exceptions: the new ones had three zeros missing from the numerals and the words Nuevos Pesos were added for clarity.
A new series of bank notes was released in October 1994, which dropped the word "Nuevos" as Mexico's currency stabilized and people got used to the new currency.
The introduction of the New Peso was a significant change for Mexico, allowing the country to move forward with a more stable and efficient currency system.
Mexican Money
You're curious about Mexican money, eh? Mexico's banknotes are a fascinating topic, and Mexperience has got you covered.
Mexico has a range of banknotes, which you can learn more about on Mexperience's website. They offer articles about Mexico's banknotes, so you can stay up-to-date on the latest developments.
If you're planning to visit or live in Mexico, it's a good idea to download Mexperience's free eBook about Money and Bank Services in Mexico. This will give you a comprehensive understanding of how things work.
The cost of living in Mexico can vary greatly depending on where you are, but Mexperience's free eBook about the Cost of Living in Mexico can help you prepare.
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