Issues of El Banco Minero Chihuahuense

25c notes

with Cuellar's signature and bar

1882/1880

50c notes

with Cuellar's signature and bar

1882/1880

Five hundred sheets of unsigned 50c notes were stolen in 1885 but quickly recovered.

$1 notes

green underprint (one of the stolen notes)

As stated, on July 1883 the bank’s concession was altered so that 150,000 of the 300,000 pesos already authorised could be issued in notes payable in silver pesos (á la par por pesos fuertes). According to a note in the ABNC records 118,146 notes were overprinted with “VALE PESOS FUERTES A LA PAR” in August 1883 so it was then that the bank moved from basing (some of) its notes on copper to silver. At the beginning of 1885 the experienced Santiago Wastall was put in charge of a new competitor in Chihuahua, a branch of the Banco Nacional de México, where, it was reported, he had to contend with the problem that most of that state’s existing banknotes were based on copper, rather than silver^{El Album de la Mujer, Año 3o, Tomo 4o, Núm. 6, 8 February 1885}.

pink underprint

green underprint, VALOR PESOS FUERTES A LA PAR and VALE POR PESOS FUERTES A LA PAR twice

brown underprint, VALE POR PESOS A LA PAR

pink underprint

Batopilas

The 25c and 50c notes are known with a BATOPILAS overprint (in four different varieties and on high serial numbers (25c 227083 - 301800; 50c 120229)).

Type 1
Type 2
Type 3
Type 4

Creel had business connections in Batopilas, being on the board of the Compañía Minera de Batopilas. Francisco Larriva, who underwrote Compañia Minera de Batopilas notes, was an agent of the Banco Minero, so the bank must have provided some sort of banking service in the town.