Currency of the Banco de Durango

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1913 5 pesos, M332c
from the San Dimas Collection

five pesos

1914 5 pesos, M341a
from the San Dimas Collection

The second specimen was printed in 1914 after Huerta rescinded the law requiring banks to back their notes with bullion. Printed in large quantities, it is readily available today in circulated condition.

Recorded issue: unknown.

Catalog reference: Frampton M332c, M341a.

ten pesos

1903 10 pesos, M333e, Gomez Palacio overprint
from the San Dimas Collection
1914 10 pesos, M333d, ABNCo.
from the San Dimas Collection
1914 10 pesos, M342a, Bouligny & Schmitt
from the San Dimas Collection

The first specimen was printed in New York by the American Bank Note Company and issued in 1903 for the bank's branch in Gomez Palacio. The second specimen was printed in New York by the American Bank Note Company and issued at various times 1891-1914. Restrained by the law requiring bullion backing, these were printed in moderate quantities and some of the dates are scarce. The 1914 shown here is the most common but still brings twice the price of the M324a shown below it. The third specimen was printed in 1914 after Huerta rescinded the law requiring banks to back their notes with bullion. Printed in large quantities, it is readily available today in circulated condition.

Recorded issue: unknown.

Catalog reference: Frampton M333e, M333d, M342a. The Gomez Palacio overprint doubles the value of the note.

twenty pesos

1914 20 pesos, M334c
from the San Dimas Collection
revenue stamp from the reverse of M334c
Heritage sale 39063, lot 33055
image courtesy Heritage Auction Galleries

The second specimen was sold in a Heritage internet sale (Dallas, June 2009) for $104. The catalog description noted, "Mexico Banco de Durango 20 Pesos 1914 This note has plenty of eye appeal with black ink on a brown and yellow underprint. The vignette of a steam passenger train traveling across a prairie with a mountain in the background is very attractive as well. Very Fine." Frampton, et al., note various issues of this note dated 1896-1914 along with an overprint from Gomez Palacio (Fr M334d). None are common.

Recorded issue: unknown.

Catalog reference: Pick S275c, Frampton M334c.

fifty pesos

Heritage sale 3519, lot 17550
image courtesy Heritage Auction Galleries
1913 50 pesos specimen
from the San Dimas Collection

The first specimen was sold in Heritage sale 3519 (Long Beach, CA, September 2012) for $___. The catalog description noted, "Mexico El Banco de Durango 50 Pesos 1.3.1914. A colorful note that is much tougher in issued form. Very Fine+." Frampton, et al., note various issues of this note dated 1913-1914. Tho scarce, it is more available than the large size $50 (M335).

Recorded issue: unknown.

Catalog reference: Pick S276Aa, Frampton M336a (first note), M336s (second note).

one hundred pesos

1914 100 pesos, M338a
from the San Dimas Collection
Heritage sale 3516, lot 15153
image courtesy Heritage Auction Galleries

The second specimen was sold in Heritage sale 3516 (Orlando, FL, January 2012) for $431.25. The catalog description noted, "Mexico Banco De Durango 100 Pesos 1.3.1914. An attractive, well margined Series H example of the small variety. There is a handsome ship vignette seen near center while a lovely representation of Justice is seen at right. PMG Very Fine 30." Frampton, et al., note various issues of this note dated 1913-1914. Tho quite scarce, it is more available than the large size $100 (M337).

Recorded issue: unknown.

Catalog reference: Pick S277a, Frampton M338a.

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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