El Banco Yucateco

The Banco Yucateco was financed by another trading house, Olegario Molina. The Secretaría de Hacienda granted a concession to establish the bank to Nicanor Ancona on 7 September 1899. It opened to the public on 1 February 1890, with a capital of 350,000 pesos.

The board agreed to increase its share capital to $1,250,000 and to open a branch in Campeche in January 1898Semana Mercantil, 10 January 1898.

Following the Ley General the bank renounced all its rights and was granted a new concession on 18 September 1897.

interior

By 1903 the bank's capital had reached 8,000,000 pesos. In 1905 it merged with the Banco Mercantil de Yucatán to form the Banco Peninsular Mexicano.

American Bank Note Company print runs

The American Bank Note Company produced the following notes.

Yucateco 5 HC 00000

Yucateco 5 HC 00000 reverse

Yucateco 10 specimen

Yucateco 10 LA 00000 reverse

Yucateco 20 specimen

Yucateco 20 MGG 00000 reverse

Yucateco 50 JDC 00000

Yucateco 50 JDC 00000 reverse

Yucateco 100 OY 00000

Yucateco 100 OY 00000 reverse

Yucateco 500 JIL 00000

Yucateco 500 JIL 00000 reverse

Date Value Number Series from to
November 1889 $5 20,000   1 20000
$10 20,000   1 20000
$20 10,000   1 10000
$50 4,000   1 4000
$100 2,000   1 2000
$500 200   1 200

 

In July 1891 the ABNC engraved a special portrait of an Indian girl (C 442).

Yucateco 1 A 052613

Yucateco 1 A 052613 reverse

Date Value Number Series from to
July 1891 $1 100,000   1 100000

 

In 1897 the bank added a $1000 note.

Yucateco 1000 specimen

Yucateco 1000 specimen reverse

Date Value Number Series from to
February 1897 $5 10,000   20001 30000
$10 15,000   20001 35000
$20 10,000   10001 20000
$50 2,000   4001 6000
$100 2,000   2001 4000
$500 200   201 400
$1000 200   1 200

 

Date Value Number Series from to
January 1898 $5 40,000 TM 30001 70000
$10 30,000 LA 35001 65000
$20 12,500 OM 20001 32500
$50 10,000 RC 6001 16000
$100 5,000 AR 4001 9000

 

 For the April 1899 run the serial letters spelt BANCO YUCATECOO.

Date Value Number Series from to
April 1899 $5 14,000 OO 70001 84000
$10 25,000 EC 65001 90000
$20 20,000 AT 32501 52500
$50 15,000 UC 16001 31000
$100 4,800 OY 9001 13800
$500 200 NC 401 600
$1000 200 BA 201 400

 

For the December 1899 run the serial letters spelt MERIDA DE YUCATA.

Date Value Number Series from to
December 1899 $5 20,000 TA 1 20000
$10 20,000 CA 1 20000
$20 25,000 YU 1 25000
$50 20,000 DE 1 20000
$100 7,500 DA 1 7500
$500 500 RI 1 500
$1000 200 ME 1 200

 

Date Value Number Series from to
September 1902 $100 10,000 MGJ 1 10000
$500 1,000 CC 1 1000
$1000 5,000 NEP 1 500

 

Date Value Number Series from to
November 1902 $5 40,000 MGT 1 40000
$10 20,000 MPC 1 20000
$20 5,000 MGG 1 5000
$50 10,000 MP 1 10000

 

Date Value Number Series from to
December 1902 $5 40,000 HC 144001 184000
$10 20,000 MH 130001 150000
$50 20,000 BJ 58999 78998
$100 10,000 JDC 31301 41,300
$500 600 JIL 2101 2700
$1000 300 PD 1101 1400

 

Date Value Number Series from to
May 1903 $20 15,000 MGJ 82,499 97498
$50 40,000 JDC 80999 129998
$100 12,000 BJ 41301 53300
$500 2.000 JIL 2701 4700
$1000 500 PD 1401 19000