Printing details of El Banco Comercial

The following table gives the details of the printing runs by the American Bank Note Company.

Date Value Number Series from to
March 1890 25c 80,000
  1  
50c 60,000
  1  
$1 50,000
  1  
$5 20,000      
$10 15,000      
$20 7,500      
$50 4,000      
$100 2,000      
$500 400      

 

Date Value Number Series from to
September 1891 $1 50,000
     

 

Date Value Number Series from to
October 1897 $5 60,000
     
$10 5,000
     
$20 5,000      
$50 1,000      
$100 1,000
     

 

Date Value Number Series from to
March 1899 $10 5,000
     
$20 5,000
     
$50 1,000      
$100 1,000      

 

There were slight changes to the designs over the yearsThe following plates were made on the original order of 18 March 1890.
One 25c face and back plate (each of 12 notes) and one 25c tint plate.
One 50c face and back plate (each of 12 notes) and one 50c tint plate (No. 2).
One $1 face and back plate (each of 10 notes) and two $1 tint plates (No. 1 and 2).
One $5 face and back plate (each of 4 notes) and two $1 tint plates (No. 1 and 2).
One $10 face and back plate (each of 2 notes) and two $1 tint plates (No. 1 and 2).
One $20 face and back plate (each of 2 notes) and two $1 tint plates (No. 1 and 2).
One $50 face and back plate (each of 1 note) and two $1 tint plates (No. 1 and 2).
One $100 face and back plate (each of 1 note) and two $1 tint plates (No. 1 and 2).
One $500 face plate, one centre back plate and one border back plate (each of 1 note) and two $1 tint plates (No. 1 and 2).
In November 1897 the ABNC altered five denominations, by changing the year date from 1889 to 1898, taking out “en moneda de Plata del cuño Mexicano” and engraving “a la par en efectivo”, changing “Director” to “Gerente” and erasing signatures, and changing from Series “A” To “B”. On the $5 it engraved two new signatures. It made a new $5 face plate (of 4 notes).
On the order of 28 March 1899 it altered the $10, $20, $50 and $100 face plates by taking out year date “1898” and Serie letter “B’ (ABNC).
. The earlier notes (1890 and 1891) promised to pay in Mexican silver coin (en moneda de plata del cuño mexicano) whilst the later notes (1897 and 1899) had the text ‘at par in cash’ (a la par, en efectivo), whilst the sequence for dates was:

Type 1 Chihuahua,1889 Comdate1a
Comdate1b
Type 2 1897 Comdate2
Type 3 Chihuahua ___________ 1898
(with stamped month dd or month dd yy)
Type 4 Chihuahua ___________ 1899

 

The American Bank Note Company archives produce additional facts. Amongst the specimens there were two different background colours for the 1889 $1 noteThe 1890 specimen has [ ], the July 1890 specimen has a diffused pink background whilst the September 18981 specimen has a lighter background, an 1898 $5 Series D (approved in January 1898 and so not printed) and an 1898 $50 Series C. A manuscript note in the records states that the plates were altered for the March 1899 print run (by removing the year date and series letter).

We also have actual details of four issues. On 15 August 1897 $5 A numbers 10,001-20,000 and $10 A numbers 7,501-8,500 were issuedalternative: authorised on 7 October 1897; on 28 April 1898 $5 B numbers 1-20,000; on 7 September 1898 10,000 pesos in unspecified denominations of Series B, and in April 1899 $20 B numbers 1501-2500, $50 B numbers 401-1000 and $100 B numbers 201-700Report of Interventor Ahumada, 29 July 1899; Richard Long, Mexican Market Forecast, 28 May 1984.

Comercial 50 script O var   Comercial 50 script O

Some $50 Series B notesknown numbers included 0101, 0104, 0452, 0477 have a script O above and behind the Indian woman’s right shoulder.

By 31 December 1899, by which time the bank had probably made all the issues that it was going to make, it had issued $1,005,000. Of these, $293,075 had been amortised, leaving $711,925 ($469,710 in general circulation and $242,215 in its offices). The American Bank Note Company printed a total of $2,050,000, so just under half these notes were never issued.

 

 

On 27 October 1931 Roberto Casas Alastriste, of the Comité liquidador de los Antiguos Bancos de Emisión, gave the American Bank Note Company permission to cancel the plates and these were cancelled on 18 February 1932ABNC.