Currency of the Banco de Londres y Mexico

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1914 peso
from the San Dimas Collection

one peso

El Banco De Londres y Mexico issued large numbers of notes 1889-1913, in denominations ranging from five to one thousand pesos. Mexican law forbade the issue of note below five pesos. Huerta rescinded this law after seizing power in 1914, and the bank responded by issuing a large amount of one and two pesos notes, all dated 1914. They were printed locally and the bank did not bother with overprints for the branches. All are 160 x 75 mm.

Recorded issue: unknown.

Catalog reference: Frampton M279a.

two pesos

1914 2 pesos
from the San Dimas Collection

El Banco De Londres y Mexico issued large numbers of notes 1889-1913, in denominations ranging from five to one thousand pesos. Mexican law forbade the issue of note below five pesos. Huerta rescinded this law after seizing power in 1914, and the bank responded by issuing a large amount of one and two pesos notes, all dated 1914. They were printed locally and the bank did not bother with overprints for the branches. All are 160 x 75 mm.

Recorded issue: unknown.

Catalog reference: Frampton M280a.

five pesos

1912 5 pesos, San Luis Potosi overprint
from the San Dimas Collection
1912 5 pesos, Veracruz overprint
from the San Dimas Collection

El Banco De Londres y Mexico issued large numbers of five pesos notes 1889-1913, many with various overprints. We show two here, one overprinted for San Luis Potosi (M271t), the other for Veracruz (M271v). Altho not rare, these overprints bring more than the central branch issue without overprint. All are 182 x 80 mm.

Recorded issue: unknown.

Catalog reference: Frampton M271t, M271v.

ten pesos

1906 10 pesos, no overprint
from the San Dimas Collection
1910 10 pesos, Aguascalientes overprint
from the San Dimas Collection
1913 10 pesos, Guadalajara overprint
from the San Dimas Collection

El Banco De Londres y Mexico issued large numbers of ten pesos notes 1889-1913, many with various overprints. We show one overprinted for Guadalajara (M272i) and another for Aguascalientes (M272f) as well as one without overprint (M272d). Altho not rare, these overprints bring more than the central branch issue without overprint. All are 182 x 80 mm.

Recorded issue: unknown.

Catalog reference: Frampton M272d, M272f, M272i.

twenty pesos

1889 20 pesos, Puebla overprint
from the San Dimas Collection
1910 20 pesos, no overprint
from the San Dimas Collection

El Banco De Londres y Mexico issued substantial numbers of twenty pesos notes 1889-1913, many with various overprints. We show one with a Puebla overprint (M273n) and one without overprint (M273d). Altho not rare, these overprints bring more than the central branch issue without overprint. All are 182 x 80 mm.

Recorded issue: unknown.

Catalog reference: Frampton M273d, M273n.

fifty pesos

1897 50 pesos, no overprint
from the San Dimas Collection
1902 50 pesos, Aguascalientes overprint
from the San Dimas Collection

El Banco De Londres y Mexico issued substantial numbers of fifty pesos notes 1889-1913, many with various overprints. We show one without overprint (M274c) and one with an overprint for the Aguascalientes branch (M274g). Altho not rare, the Aguascalientes overprint is quite a bit scarcer than the central branch issue without overprint. All are 182 x 80 mm.

Recorded issue: unknown.

Catalog reference: Frampton M274c, M274g.

one hundred pesos

1910 20 pesos, no overprint
from the San Dimas Collection
Heritage sale 39063, lot 33055
image courtesy Heritage Auction Galleries

The second specimen was sold in Heritage sale 3514 (Long Beach, CA, September 2011) for $138. The catalog description noted, "Mexico El Banco De Londres Y Mexico 100 Pesos 1.10.1913 A bank that is still around today as part of Banco Serfin. PMG Very Fine 30." Frampton, et al., note various issues of this note dated 1889-1913 along with numerous overprints (Fr M275f thru M275t). The hundred pesos is ten times the price of a five pesos, 7½ times the price of a ten pesos and four times the price of a twenty pesos.

Recorded issue: unknown.

Catalog reference: Pick S237e, Frampton M275e.

Source:

  • Frampton, Cory, Duane Douglas, Alberto Hidalgo and Elmer Powell, Mexican Paper Money, 2010 Edition, Carefree, AZ: Mexican Coin Co., 2010.

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