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Redmond Rare Coins

1913 Mexico Banco Peninsular Mexicano 1 Peso P-S464 Series A Mérida Yucatán Revolutionary Currency VG-F

1913 Mexico Banco Peninsular Mexicano 1 Peso P-S464 Series A Mérida Yucatán Revolutionary Currency VG-F

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1913 Mexico Banco Peninsular Mexicano 1 Peso

Mérida, Yucatán • Series A • Pick S464 • November 30, 1913

Technical Specifications

  • Country: Mexico

  • Region: Yucatán

  • Issuer: Banco Peninsular Mexicano, S.A.

  • Denomination: 1 Peso

  • Date: November 30, 1913

  • Series: A

  • Serial Number: 042080

  • Catalog Number: Pick S464 (Mexican Paper Money Catalog MPM-560)

  • Printer: American Book & Printing Co., Mexico D.F.

  • Type: Private Bank Issue

  • Composition: Paper

  • Color: Black engraving on cream paper with red serial numbering

  • Signatures: Printed officer signatures with manuscript serial numbering

  • Condition: VG-F (Very Good to Fine)

Collector Description

Issued during the height of the Mexican Revolution, this 1913 Banco Peninsular Mexicano One Peso note is a fascinating relic from a period when regional banks supplied much of the circulating currency throughout Mexico. Dated November 30, 1913, and payable in Mérida, Yucatán, the note was produced by the American Book & Printing Company and features the intricate engraving and detailed security work that made early Mexican banknotes among the most attractive issues of their era.

The obverse depicts a traditionally dressed Yucatecan woman at left and a sailing vessel at right, reflecting the cultural heritage and maritime commerce that helped define the Yucatán Peninsula. The center is dominated by a bold "UN PESO" denomination panel surrounded by elaborate guilloche work and ornate security engraving. The reverse displays a striking geometric floral design incorporating the bank's name within a complex lathework pattern.

Banco Peninsular Mexicano was one of the important regional banks operating during a tumultuous period in Mexican history. Notes from this issuer circulated alongside numerous revolutionary and state-issued currencies, making them highly desirable today among collectors of Mexican paper money and Revolutionary-era issues.

This example displays honest circulation with multiple folds, moderate handling, and age-related toning consistent with a century of survival. Despite the wear, the note retains strong eye appeal, clear signatures, complete margins, and attractive detail throughout the design elements. Examples of this type are increasingly difficult to locate and remain a popular specialty among advanced collectors of Mexican and Latin American currency.

A desirable and historically significant piece of Revolutionary-era Mexican banking history, representing both the economic and cultural heritage of early twentieth-century Yucatán.

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