Issues of El Banco Mercantil Mexicano

$1 notes

Mercantil Mexicano 1 A 49970

Mercantil Mexicano 1 A 49970 reverse The vignette is of the goddess Irene, the goddess of peace.

Date on note	Series	from	to	Presidente	Tesorero	Gerente
1 June 1882	A	00001		Gargollo	Usandiraga	Collado	includes numbers 00006^{CNBanxico #10466} to 00483^{CNBanxico #1767}
							includes number 43980, overprihted SAN LUIS POTOSI
							includes number 49970, overprinted PAGADERO en la Surcursal de VERACRUZ (illustrated above)
							includes number 60483
1 July 1882				F. Mar[ ]	Usandiraga	Collado	includes number 01509
1 October 1882
1 December 1882				de la Fuente	Usandiraga	Collado	includes number 40342, overprinted SAN LUIS POTOSI
1 March 1883
1 July 1883				Gargollo	Usandiraga	Collado	includes numbers 88244 and 88260^{CNBanxico #10467}, both overprinted PAGADERO en la Sucursal de VERACRUZ
			110000

$5 notes

Mercantil Mexicano 5 A 102848

Date on note	Series	from	to	Presidente	Tesorero	Gerente
1 June 1882	A			Gargolio	Usandiraga	Collado	known overprinted QUERETARO

$10 notes

Mercantil Mexicano 10 A 05167

Date on note	Series	from	to	Presidente	Tesorero	Gerente
1 June 1882	A			Gargollo	Usandiraga	Collado	includes number 05167

$20 notes

Mercantil Mexicano 20 A 75432

Date on note	Series	from	to	Presidente	Tesorero	Gerente
1 June 1882	A			Gargollo	Usandiraga	Collado	includes number 75432 overprinted GUANAJUATO

$50 notes

Date on note	Series	from	to	Presidente	Tesorero	Gerente
	A

$100 notes

Date on note	Series	from	to	Presidente	Tesorero	Gerente
	A

$500 notes

Date on note	Series	from	to	Presidente	Tesorero	Gerente
	A

$1000 notes

Date on note	Series	from	to	Presidente	Tesorero	Gerente
	A

Counterfeits

In November 1901 a Mexico City newspaper warned against counterfeits after a certain José González received a note without number, date or signatures. However, as the note was otherwise perfect it is more likely that it had slipped through the printing process or been stolen before being issued^{La Gaceta Comercial, 17 November 1901}.

When the Banco Mercantil Mexicano merged with the Banco Nacional Mexicano to form the Banco Nacional de México, it had $4,084, 084 in circulation and another $1,004,675 within the bank, making a total of $5,088,759. Most of this had been withdrawn by the end of 1899^{Memoria de las Instituciones de Credito, 1897-1899, Tomo III. The report combines the outstanding amounts of the Banco Mercantil Mexicano ($5,088,759) and Banco Nacional Mexicano ($5,705,000) for a total of $10,776,858, of which only $16,901 remained in circulation by December 1899}.