Currency of the Banco de Queretaro

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1914 peso, from the San Dimas Collection
M481

one peso

The Banco de Queretaro opened in 1903 and operated until 1915 in that state and in Guanajuato and Michoacan. The one and two pesos were printed locally, unlike the higher denominations, which were printed in New York by the American Bank Note Company.

Recorded issue: unknown.

Catalog reference: Frampton M481.

two pesos

1914 2 pesos, from the San Dimas Collection
M482

The Banco de Queretaro opened in 1903 and operated until 1915 in that state and in Guanajuato and Michoacan. The one and two pesos were printed locally, unlike the higher denominations, which were printed in New York by the American Bank Note Company.

Recorded issue: unknown.

Catalog reference: Frampton M482.

five pesos

1914 5 pesos, from the San Dimas Collection
M473b

The Banco de Queretaro opened in 1903 and operated until 1915 in that state and in Guanajuato and Michoacan. The smaller denominations are uncommon while the higher denominations ($20 and up) are rare.

Recorded issue: unknown.

Catalog reference: Frampton M473b.

ten pesos

1906 10 pesos, from the San Dimas Collection
M474c, Irapuato overprint
1914 10 pesos, from the San Dimas Collection
M474b, no overprint

The Banco de Queretaro opened in 1903 and operated until 1915 in that state and in Guanajuato and Michoacan. The smaller denominations are uncommon while the higher denominations ($20 and up) are rare. The Irapuato overprint shown here does not obtain a premium.

Recorded issue: unknown.

Catalog reference: Frampton M474c (with Irapuato overprint).

twenty pesos

Heritage sale 39073, lot 33069
image courtesy Heritage Auction Galleries
1914 20 pesos, from the San Dimas Collection
M475b, no overprint

The first specimen was sold in a Heritage internet sale (Dallas, July 2009) for $28. The catalog description noted, "Mexico 20 Pesos El Banco De Queretaro 1903. The vignette at left includes a man carrying water jugs. The portrait is J.A.U. Arana. Good." Frampton, et al., note various issues of this note dated 1903, 1905 and 1914 (shown here) along with an overprint from Irapuato (Fr M475c, shown here).

Recorded issue: unknown.

Catalog reference: Pick S392c, Frampton M475b (no overprint), M475c (with Irapuato overprint).

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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