Issues of El Banco Mercantil Mexicano

$1 notes

Mercantil Mexicano 1 A 21583

The vignette is of Irene, the goddess of peace.

Date of issue	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, overprinted SAN LUIS POTOSI
								includes number 49970, overprinted PAGADERO en la Surcursal de VERACRUZ
								includes number 60483
	1 July 1882				Zorrilla	Usandiraga	Collado	includes number 01509
	1 October 1882
	1 December 1882				de la Fuente	Usandiraga	Collado	includes number 40342, overprinted SAN LUIS POTOSI
				79000
	1 March 1883
			79001	81000				signed
			81001	82000
			82001	84000				signed
			84001	85000
			85001	88000				signed
	1 July 1883		88001	89000	Gargollo	Usandiraga	Collado	includes numbers 88244 and 88260^{CNBanxico #10467}, both overprinted PAGADERO en la Sucursal de VERACRUZ
			89001	110000				signed

Mercantil Mexicano 1 A 49970

Mercantil Mexicano 1 A 49970 reverse
(images courtesy of Michael Carroll)

$5 notes

Mercantil Mexicano 5 A 102848

Date of issue	Date on note	Series	from	to	Presidente	Tesorero	Gerente
by 31 December 1883		A	1	14500				issued in Mexico City
by 31 December 1883	1 June 1882		100001	108000	Gargollo	Usandiraga	Collado	issued by the branches includes number 10248 known overprinted QUERETARO
			14301	20000				signed
			20001	27000				with revenue stamps but without signatures
			108001	120000				with revenue stamps but without signatures
			27001	100000				without stamps or signatures
			120001	130000				without stamps or signatures

$10 notes

Mercantil Mexicano 10 A 05167

Mercantil Mexicano 10 A 12648

Date of issue	Date on note	Series	from	to	Presidente	Tesorero	Gerente
by 31 December 1883	1 June 1882	A	1		Gargollo	Usandiraga	Collado	issued in Mexico City includes number 05167
	1 November 1882				Zorrilla	Usandiraga	Collado	includes number 12648
				17000
			100001	108000				issued by the branches
			17001	20000				signed
			108001	113000				signed
			20001	30000				with revenue stamps but without signatures
			113001	120000				with revenue stamps but without signatures
			30001	100000				without stamps or signatures
			120001	130000				without stamps or signatures

$20 notes

Mercantil Mexicano 20 A 75432

Date of issue	Date on note	Series	from	to	Presidente	Tesorero	Gerente
		A	1	13500				issued in Mexico City
1 June 1882	1 June 1882		75001	79000	Gargollo	Usandiraga	Collado	issued by the branches includes number 75432 overprinted GUANAJUATO
			13501	20000				signed
			20001	30000				with revenue stamps but without signatures
			79001	90000				with revenue stamps but without signatures
			30001	75000				without stamps or signatures
			90001	100000				without stamps or signatures

$50 notes

Date of issue	Date on note	Series	from	to	Presidente	Tesorero	Gerente
by 31 December 1883		A	1	12000				issued in Mexico City
			35001	38500				issued by the branches
			12001	15000				signed
			38501	41000				signed
			15001	35000				with revenue stamps but without signatures
			41001	45000				without stamps or signatures

$100 notes

Date of issue	Date on note	Series	from	to	Presidente	Tesorero	Gerente
by 31 December 1883		A	1	12250				issued in Mexico City
by 31 December 1883			30001	32500				issued by the branches
			12551	15000				signed
			32501	33000				signed
			15000	30000				with revenue stamps but without signatures
			33001	38000				with revenue stamps but without signatures
			38001	40000				without stamps or signatures

$500 notes

Date of issue	Date on note	Series	from	to	Presidente	Tesorero	Gerente
by 31 December 1883		A	1	1650				issued in Mexico City
by 31 December 1883			3001	3100				issued by branches
			1651	2000				signed
			3101	4000				signed
			2001	3000				with revenue stamps but without signatures

$1000 notes

Date of issue	Date on note	Series	from	to	Presidente	Tesorero	Gerente
by 31 December 1883		A	1	1050
			1051	1500				signed
			1501					lost
			1502	2740				unsigned

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}.