Mexico State No. 4
Entry posted by ColonialCoinsUK ·
The quest towards a note from each of the Mexican States continues and I am now able to add Guerrero as State No.4, the list so far:-
Guerrero is in the southwest of Mexico and is named after Vicente Guerrero Saldana (the chap on the front) who, having joined the Mexican revolutionary forces in 1810, progressed to the rank of General with control of the southern forces. As a result he played a key role in Mexico gaining her independence from Spain in 1821 and went on to serve in the provisional government which was established in 1823 following Agustin de Iturbide's failed attempt at the introduction of a monarchy. Later on in 1829 he became President, with his most notable achievement being the abolishment of slavery in Mexico. This office proved shortlived as he was deposed by his vice president Anastasio Bustamante, subsequently captured and executed by firing squad in 1831.
My note is a 50 pesos, printed by the ABNC, for the Banco de Guerrero which is the only 'Banco' for the state which began operations in 1906 with its first branch in Iguala, My note is cancelled with a needle punched 'AMORTIZADO' and it seems to be common for the Guerrero issues that the tops of the letters are missing - I guess they couldn't be bothered to fix the punch. It is a Series B note which was printed in 1914 and it appears that serial numbers 10001 to 14000 were issued yet the remainder of the run 140001 to 20000 was not, no doubt due to yet another revolutionary war. Liquidation of the bank, and many others, followed in 1921.
The back of the note is a scene overlooking the largest city and major port of Acapulco - which entered popular culture as the playground of the rich and famous and the only place I was aware of in the State, sadly, this appears to be no longer the case.
Examples of the 5, 10, 20 and even the 100 pesos notes are also available as remainders with issued notes being much more scarce, a 500 pesos issued note is a 'holy grail' item - anybody have one?
Standard Catalog of World Paper Money. Specialised Issues 12th Edition.
Mexican Paper Money 2017
Flag of Guerrero: https://commons.wikimedia.org/w/index.php?curid=7551425
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