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25c Banco Minero note

Minero 25c B 71184

Minero 25c B 71184 reverse

Date of issueDate on noteSeriesfromtoInterventorPresidenteGerente 
26 February 1889 1888 A 00001 40000 Granados Ochoa E.C.Creel  
2 March 1889 40001 80000  
9 March 1889 80001 100000  
4 June 1889 100001 200000  
26 December 1889 B 000001 012000 Cuellar Ochoa E.C.Creel Cuellar's facsimile signature was added on 12 August 1891AGN, Antiguos Bancos de Emisión, Actas de Banco Minero, libro 1, 28 February 1888 to 5 January 1899.
012001 024000 Cuellar's facsimile signature was added on 13 August 1891
024001 036000 Cuellar's facsimile signature was added on 14 August 1891
036001 048000 Cuellar's facsimile signature was added on 15 August 1891
048001 060000 Cuellar's facsimile signature was added on 16 August 1891
060001 072000 Cuellar's facsimile signature was added on 17 August 1891
072001 084000 Cuellar's facsimile signature was added on 18 August 1891
084001 100000 Cuellar's facsimile signature was added on 19 August 1891

 

The 25c face, back and tint plates were engraved on 24 July 1888ABNC. They were cancelled on 13 April 1932 .

By 1895 Limantour, the Secretario de Hacienda, wanted to reduce the amount of low denomination ($1 and less) banknotes in circulation to restore the position of (and give a use to) silver. On 8 March Enrique Creel wrote to him agreeing with his objectives and pointing out that the Banco Minero had been withdrawing 25c and 50c notes for some time, but asking to be able to replace damaged $1 notes with new ones, and to issue $5 and $10 notes in place of $1 onesCEHM, Colección José Y. Limantour, carpeta 16, legajo 4229.

The Ley General de Instituciones de Crédito of 1897 prohibited the circulation of notes of values less than $4 and so all these 25c notes will have been withdrawn. However, 14,005 notes were still recorded as outstanding in November 1913.