Monday, November 24, 2025

Mexican banknotes... a never ending story... 02 a

In the same series as the 1-peso note depicting the Aztec Solar stone, a 5-peso note was issued. 

This series however started earlier, already in 1925 (1st emission) and 1936 (2nd emission). The 1-peso note was introduced in the 3rd emission of notes (1937-1970).
This style of 5-peso note, was used till 1970, when all notes were renewed in the 4th emission.

The 5-peso note is commonly known as 'la Gitana' (the Gypsy). 

'la Gitana' on 5-peso notes

With the founding of the Bank of Mexico, in 1924, Finance Minister Alberto J. Pani was involved in the creation of the bank, as well as the development of the Mexican financial system. Remember that we still speak of the 'United States of Mexico', and before the creation of a "central bank of Mexico", noumerous notes from different states (Chihuahua, Sonora, Tabasco, ....) were in circulation.

Alberto J. Pani in 1922

It is said, that Pani not only showed interest in finances but also in the famous Catalan-Spanish artist Gloria Fauré who was 'performing' in Mexico in the mid 20's of the previous century.
Fauré, who is said to be Pani's mistress, was not unspoken when the 5-peso note was introduced, and soon the rumour spread, that Pani picked her as a model for the newly emitted banknote.

picture of Gloria Fauré
The image chosen for the banknote however, was created in 1910, by Mr. Robert Savage as a stock vignette and was titled ‘The Ideal Head of an Algerian Girl’. The 5-peso banknotes were issued from 1925, so 15 years later.
Since Gloria had a younger sister, and 'accidentaly' the third note in this series also depicted a young girl, people linked the two ladies, to the two new notes. And it is here that two stories got mixed up. 

On the back side of the banknote, similar to the 1-peso note, is the Angel of Independence depicted.
5 peso detail

to be continued... 

Saturday, November 22, 2025

Mexican banknotes... a never ending story... 01 e

So far a whole new range of banknotes-to-discover might have caught your attention now.
Trust me, it only get worse.
Did I say 'worse' ... of course I mean 'more interesting'.
As for the higher denominations in this series, it truly gets excited.

But back to the 1 peso.
The original serie start with serie A (and no date) -  the last note, issued in July 1970, belongs to serie BIP.
Serie A till Z, makes 26 different series, then followed by AA till AZ, another 26 series, then BA to BZ...
The 'double' letters end with ZZ, and are followed by AAA, where the story restarts, till the final serie BIP.

No higher mathematics are needed, to know that thus there are 62 series A... to BI..., with each 26 letters.
A total of 1612 combinations.
As the last serie ends in BI..P and not in BI...Z, there are 16 combinations less, or 1596....

Helas, not all serie letters were used, some were destroyed (deleted), some just skipped, and who knows, some might not even have been discovered...

I made a grid with a worksheet (if you are familiar with formulas, the grid can be made in less than 5 minutes).



The full grid takes only 2 pages, and can be used for the banknotes that will be topic of future posts.
(Just a waring ... some issued go beyond the BIP serial letters....) 

If you are looking for a 1 peso note from series AAA or BBB, or LL, MM, NN, OO, PP, QQ, ... unfortunately they do not exist (or at least they are not mentioned in any catalog).

The use of the I and O is not omitted in this emission.
Although there were no notes printed in series O..., serie IA, IB and IQ till IZ do exist.
In later denominations, those letters were omitted, to avoid being mistaken for 0 and 1.

In the image below, the grid with the existing and non-existing series are visible.
All omitted rows are non-exisiting series.

the 1 peso - grid

What is leftover, is about 225 different series to collect.

If you want, you can add a proof note (no serie mentioned, no serial number...) - a specimen note (serial number 00000 and red overprint 'SPECIMEN'.
Finally there is a very rare note with date : 7.VII.1943 (series L) ... 

to be continued... 

Friday, November 21, 2025

Mexican banknotes... a never ending story... 01 d

So far I wrote about the different designs of the 1-peso note of Mexico, issued between 1936 and 1970.
here you can find the specific differences and how various catalogs deal with them.

Athough I have not mention all possible print dates on the notes yet, I'm still miles away from the more or less 225 possible variations.

No worries, we are getting there...   

First of all, the printing dates, compared to the Pick numbering, as they are less important following DD's system.

Type 1 (DD) :  no date mentioned (issued between 1936 and 1943) - Pick 028a, b, c and d
Type 2 (DD) : 14.VI.1943 - Pick 028e
Type 3 (DD) : 7.VII.1943 - Pick 038a --- 1.IX.1943 - Pick 038b --- 17.I.1945 - Pick 038c
Type 4 (DD) : 12.V.1948 - Pick 038d

Type 5 (DD) : 22.XII.1948 - Pick 046a --- 26.VII.1950 - Pick 046b
Type 6 (DD) : 10.II.1954 - Pick 056a --- 8.IX.1954 - Pick 056b

Type 7 (DD)
    - 19.VI.1957 - Pick 059a
    - ------------- - Pick 059b (deleted)
    - 4.XII.1957 - Pick 059c
    - 20.VIII.1958 - Pick 059d
    - 18.III.1959 - Pick 059e
    - 20.V.1959 - Pick 059f
    - 25.I.1961 - Pick 059g
    - 8.XI.1961 - Pick 059h
    - 9.VI.1965 - Pick 059i
    - 10.V.1967 - Pick 059j
    - 27.VIII.1969 - Pick 059k
    - 22.VII.1970 - Pick 059l  

With a bit of luck a total of 25 different notes are in the above list...

Now two images to explain why there are many more :

2 banknotes type 6 (DD) - Pick 056b

In the image above, two banknotes from the same type 6 - or Pick 056b.
Signatures 1 and 2 are different on both notes, signature 3 is the same.
As a consequense of the different signatures, also the word : CONSEJERO (advisor) has moved.

Type 6 DD - Pick 056b two variations

Another example :

This time, 3 notes from type 7 (DD) - as mentioned earlier, some notes have series with double letter combinations, but these notes have a 3-letter combination.
Date is 10.V.1967 - Pick numbering : 059j 

Type 7 DD - Pick 059j three variations
Although the middle banknote is in poor quality, it is clear, that both signatures 1 and 2 are different on each note, only the last signature is the same on the 3 notes.

It might become clear, that with a little bit of effort, suddenly a wide range of new discoveries lay ahead. 

As it is nearly impossible to list up all signature variations, and from which serial number they start, the most common way (Mexicans) collect these notes, is by looking for series (in the last example BEA, BDK and BDC).
This makes it a lot easier to sort notes, and putting them in alphabetical order, also means, they are sorted by issuing date, as the whole set starts with serie A...

to be continued....

Thursday, November 20, 2025

Mexican banknotes... a never ending story... 01 c

For the 1-peso note, you can choose to collect one note or 225 notes. (see also here)
As it is a low value banknote, and the amount of printed notes is huge (from 1936 till 1970), it should not be too difficult to find a good amount of these notes to compare and collect.

1 peso note overall appearance

As shown above, if one note of each denomination suits you, then one note will do the trick.

Of course this would be a lost of valuable variations to your collection, so let us have a deeper look.
(Images below were taken from the "Guía de Billetes 1925-2019" issued by the Bank of Mexico, as well as from my own collection).

7 modifications of the designs :

type 1: the original note

according Pick : 1st emission, subtypes a to d
according D. Douglas (DD) - type 1 (regardless the subtypes)

Specifications : 
- no date mentioned, also no city (i.e. Mexico D. F.)
- the word 'serie' is written in a circular form, and can be found next to the serial number
- above the serial number (7 or 8 digits), the word N° is mentioned
- the central signature has the text : "Interventor De Gobierno" 
- behind signature 1 and 3 "UN" is written

type 2: the original note with date

according Pick : 1st emission, subtypes e
according DD - type 2 (regardless the subtypes)

Specifications : 
- one date mentioned: 14.IV.43 but no city (i.e. Mexico D. F.)
- only 7 digits in the serial number

type 3: the original note with date, minor modifications

according Pick : 2nd emission, subtypes a to c (dates)
according DD - type 3 (regardless the subtypes)

Specifications : 
- the word N° is no longer there
- behind the signatures we find UNO and no longer UN
- various dates (> see subtypes Pick - less relevant for subtypes DD)

type 4: the original note with date, serial number with subseries

according Pick : 2nd emission, subtypes d
according DD - type 4 (regardless the subtypes)


Specifications : 
- the serie consist of 2 letters AA to AJ
- the serial number gets an additional letter (except I and O) - therefore only 6 numbers in the serial
- under the central signature, "Interventor De La Comisión Bancaria" is written from now on
- date on the note is 12.V.48 

type 5: modificated note

according Pick : 3rd emission, subtypes a and b (dates)
according DD - type 5 (regardless the subtypes)

Specifications : 
- on the top of the note now : EL banco de Mexico S.A.
- different dates (subtypes for Pick) - less relevant for DD 

type 6: modificated note

according Pick : 4th emission, subtypes a and b (dates)
according DD - type 6 (regardless the subtypes)

Specifications : 
- the word 'SERIE' and the serial letters are no longer next to the serial number.
- the word 'SERIE' is now in red and on a straight line
- dates are February and September 1954 

type 7: modificated note with mentioning Mexico D.F.

according Pick : 5th emission, subtypes a to l (dates)
according DD - type 7 (regardless the subtypes)

Specifications : 
- above the date (1957 and later), the city is mentioned : MEXICO, D.F., (only above the left date)
- some serial letters are 2 digits, some are 3 (till BIP) 

to be continued... 

Wednesday, November 19, 2025

Mexican banknotes... a never ending story... 01 b

previous post : part 1

Part 2 of the story on the 1-peso note, issued between 1936 and 1970:

Reverse side of the 1-peso note
Throughout the existence of the 1-peso note, the reverse side of the banknote remains the same all the time. For the several subtypes of this banknote, only the front side of the note will of interest.

In the middle of the banknote, we find an image of the monument of Independence, commonly known as 'the Angel' of Independence.

It is actually an image of Niké, the greek goddess of Victory, holding a laurel crown in the right hand.
The left hand holds a broken chain with 3 links, symbolizing the 3 centuries of Spanish domination.

Angel of Independence

Angel of Independence
It can be found at the Paseo de la Reforma in Mexico City. A 14 km long avenue from the Chapultepec Hill (in the Aztec language Nahuatl : the hill of the grasshopper) to the city centre. The original idea was to extend this boulevard to the central square (Plaza de la Constitución). 

At the bottom of the monument, there are 4 statues, symbolizing Law, War, Justice and Peace.
Below the column, the remains of many of the Mexican heroes are stored.
When inaugurated in 1910, 9 steps led to the base of the monument. Because Mexico City was built on a swamp, causing the ongoing sinking of the ground, 14 addional steps have been added since.

Now back to the banknotes...
Depending on how one likes to collect,  you can go for the following options:

- 1 banknote : the 1-peso note
- according Krause (Pick numbers) : 5 different designs
- according Krause (id.) with sub numbering : 25 designs (including different dates)
- the Mexican way : collecting different series : 225 variations

to be continued... 

 

Tuesday, November 18, 2025

Mexican banknotes... a never ending story... 01 a

If you are into a challenge, then the banknotes of Mexico, are something that will keep you busy for a while. In the next posts, I will try to reveil some of the 'secrets' behind the history of the Mexican banknotes. 

Let me start with the banknotes that were in use after the second world war.

The story starts a little bit earlier, as the 1 peso notes, at that time, were introduced in 1936. 

1 peso note 1967
In the centre of the note, we see the Aztec stone of the Sun.
Not to be confused with the 'Maya calender'.

Aztec vs Maya civilizations

The Mayas were situated in the south of what is now Yucantán, Mexico.
Their civilisation is way older then the Aztec culture, which can be situated in the wider area around Tenochtitlán, currently Mexico-city.
Although both civilisations, were not known as being connected in trade or cultural perspective, there are parallels in the way they were artistic, religious and scientific.

The design in the middle of the 1-peso note, is the Aztec sun stone, and in a way, it is also a kind of calender, but more in a ceremonial rather than a practical way.

detail 1-peso note

The stone was discovered in December 1790, by workers who were working on the land that would become the 'Plaza Mayor' (considered as the 'central square' of Mexico city - Plaza Zócalo, Plaza de la Constitución or even Plaza de Armas). 
This square was already the ceremonial centre of the Aztec' civilisation, and was the area in front of the mayor temple, of which the remains are still visible now.

Remains of the Templo Mayor

When the giant stone was discovered, the church authorities did not want the the pagan artefact to be shown to the public, but the Mexican Antropologist, Antonio de León y Gama, succesfully argued that this object had such a historic and artistic value, that it should be displayed for future generations.

Nowadays, the stone can be visited at the National Museum of Antropology in Mexico-city.

Entrance of the Museum of Antropology

Piedra del Sol - Mexico City
The Aztec 'Piedra del Sol' is a 23 ton basalt monolith, with a diameter of more than 3 m.
According the museum's guide, the nose of the central figure is missing, as the conquistadores in the 16th century used the face to aim to, for shooting practice. For them, the Solar stone was unimportant, as it dissapeared from the history books till it was rediscovered in 1790.

The original stone was actually very colourful, as shown in the image above.
The central circle, shows the image of Tonatiuh, which means '(god of) the sun' in the Aztec language Náhuatl. Tonatiuh is considered to be the most important of the Aztec gods.

5 gods in the centre
of the Solar Stone
Surrounding the central image, there are 4 more gods: from left to right and top to bottom: Wind, Jaguar, Fire and Water.

In the second circle, we see 20 images, representing 20 days.
According the Aztec, there were 13 days in a week (trecena).
The year started with day 1 + day symbol 1. Next day was day 2 with day symbol 2.
After one 'week' of 13 days, they restarted the second trecena (or Tonalpohualli) , but as there are 20 day symbols, the first day of the second 'week' had day symbol 14.
The 8th day of the second week, was connected to the first day symbol again.
As such, a full cycle had 20 times 13 days, or 360 days.
They were aware that a year had 365 days, so the 5 'spare' days were considered as extra. Those days were supposingly used for offering to the gods.

20 Aztec symbols for 20 days

Around the 20 symbols for the days, is another circle, symbolising the solar rays.
The whole is surrounded by serpents, protecting the calendar.

to be continued...

Sunday, August 31, 2025

Album pages common designs - 2b. 1978 25th anniversary of the Coronation

Some remarks on the printings of the 'House of Questa'...

One 'commom' item on all sheetlets, is the name of the printing company : 'The House of Questa'.
This 'house of Questa', printed stamps from 1966 till 2002, mainly for countries that resort under the British Commenwealth.

In case of the 25th anniversary of the Coronation, the full name 'The House of Questa' is mentioned on all sheetles, in exactly the same spot.
All issues were clearly printed in the same company, located near London. 

The House of Questa
Many other issues were printed by that company, some bare the name and a logo of a Q-shaped balloon, some mention only 'Questa'.


In the printing below, we find the printer colour marks Cyan Yellow Magenta Black and Grey in the same 'balloon' style. In the margin above we also see "QCSPL" : Questa Colour Security Printing Limited.

As it is a private company that printed many stamps (also some doubtful issues and cinderellas), many questions rise on the validity of some printings. 
Not only may the stamps have been printed in quantities that exceed the actual ordered amounts, also questionable print errors, test printings, or suspicious overprints are circulating.

The history of the House of Questa, and the Format International Security Printers, is a topic worth reading. Hereby I like to refer to the following site : House of Questa - Format International 

Some caution in buying expensive proofs, errors, ... from Questa's printings is therefore recommended.
This also counts for the numerous emissions of the 'Leaders of the World' - trains and cars.
All 'issued' by small entities as Tuvalu, Nevis, Grenada, .... and their islands.
The 'Bernera / Davaar' issues are purely private emissions, issued by this company

Bernera Islands
Davaar Island

to be continued...

Saturday, August 30, 2025

Album pages common designs - 2a. 1978 25th anniversary of the Coronation

In the series of my self made albums, a new entry on the common design stamps.
In 1978, the world, and the British Commenwealth in particular, celebrated the 25th anniversary of the Coronation of Queen Elisabeth II.

20 (21) countries participated with a strip of 3 stamps, issued in sheetlets of 6.

Common Design 326

Christmas Island and Cayman Islands
Many more countries issued stamps in regards to this anniversary, but some had a totally different design, (Great Britain for example) and many others used another 'common design'.

25th anniversary Great Britain
other 'common designs' for the 25th anniversary
The other stamps with a common design, will be topic of another post.

For this issue, the following countries each issued a strip of 3 stamps, always with Queen Elisabeth II in the middle, and two royal symbols left and right.

1. Ascension Island : Lion - QE II - Green turtle 
2. Barbados : Griffin of Eduard III - QE II - Pelican
3. Belize : White lion of Mortimer - QE II - Maya jaguar
4. British Antartic Territory : Black bull of Clarence - QE II - Emperor penguin
5. Cayman Islands : Yale of Beaufort - EQ II - Screech owl
6. Christmas Island : White swan of Bohun - QE II - Abbott's booby
7. Falkland Islands : Red dragon of Wales - QE II - Hornless ram

Fiji and Falkland Islands
8. Fiji : White hart of Richard II - QE II -  Banded Iguana
9. (The) Gambia : White greyhound of Richmond - QE II -  Lion
10. Gilbert Islands : Unicorn of Scotland - QE II - Great frigate bird
11. Mauritius: Antelope of Bohun - QE II - Dodo
12a. New Hebrides Condominium (BR) : White horse of Hanover - QE II - Gallic cock
12b. Condominium des Nouvelles-Hebrides (FR) : Le Cheval blanc d'Hanover - QE II - Le coq gaulois
13. St Helena : Black dragon of Ulster - QE II -  Sea lion

British and French New Hebrides

14. St Christopher/Nevis/Anguila : Falcon of Eduard III - QE II - Pelican
15. Samoa :  King's lion - QE II - Pacific pigeon
16. Solomon Islands : King's dragon - QE II - Sandford eagle
17. South Georgia : Panther of Henry VI - QE II - Fur seal
18. Swaziland : Queen's lion - QE II - African elephant
19. Tristan da Cunha : King's bull - QE II - Tristan crawfish
20. British Virgin Islands : Falcon of the Plantagents - QE II - Iguana

British Virgin Islands

Download the album here : Common Design 326

to be continued ...

Monday, May 5, 2025

Call me by your number - 01c Black, red and blue pennies

From 1858 on, till 1869, new plates were issued, with red pennies, and blue 2 pence stamps.

Now the four corners have letters BA-AB for row A, column B.
There are 240 stamps in each plate, going from AA to TL.

For the 1 penny red:

Row R (18), stamp B (2)
Plate numbers are now mentioned in the left and right border decoration of the stamp.

The 1 penny red and perforated with 4 letters (one in each corner), had an extended life span.
They were printed from 1858 till 1879. Therefore, many plates were used, re-used, and retouched during those many years.

They started with plates 69 and 70, but due to many defects on the plate, those stamps were never printed. Same goes for plates 75, 126 and 128 - plate 77 was also rejected, but very few of the printed stamps did get into ciruclation and are therefore extremely rare.
A "77" is most likely a "117" or a "177",  or a completely forged stamp.

A much more challanging collection, is the compilation of a red penny (perforated) of each plate.
The total amount of issued, perforated red pennies, is 13,434,000,000 (55,975,000 sheets). 
So the amount of stamps is not the main problem.

But, first of all, plate numbers are not always very clearly printed, and greasy cancels will not make your search easier either. Plate numbers exist from plate 71 till plate 225.

Plate 225
With some help from the computer, the colours of the image can be altered, so that the contrast becomes more useful to determinate the plate number.
The stamp above leads me to plate 225 (or the last issued plate).

Two albums for possible collections :

plate numbers 1p

plate reconstruction 1p

For the 2 pence blue:

Row H (8), stamp F (6)

Plate numbers are now again in the left and right border decoration of the stamp.

Plate 8
The stamp above is from plate 8, the second plate used to print the 2 penny of this new series.
Plates 7, 8, 9, 12, 13, 14 and 15 can be found.
These blue pence stamps are still affordable, and although 'old', they were emitted in such high quantities, about 196,824,000 (820,100 sheets), that they still can be found in (older) albums.

A full collection (240 of each plate), requires 1680 stamps.
More common is to compile a mixed sheet, with all plate positions.

However, feel free to collect them both : a reconstructed plate with all letter variations, and / or even more specific with stamps  .

Two albums for possible collections :

plate numbers 2p

plate reconstruction 2p

to be continued...

Saturday, April 19, 2025

Call me by your number - 01b Black, red and blue pennies

A third variation of the Victorian pennies: are the perforated red penny and blue 2 pence.
They come in two variations, watermark small crown and watermark large crown, and perforation 14 or perforation 16.

As for now, all stamps mentioned here and in my previous post, have only two letters in the bottom of the stamp, and no plate number in the left and right margin.


These stamps are also called the red and blue 'star' penny.
The upper corners of the stamps don't have letters yet, but a decoration in a 'star' shape.
Again here, the specificy font of the alphabet, gives you an indication of the plate the were on, but plate numbers are not written on the stamps.

Also here, a sheet reconstruction is possible, compiling all 240 stamps from AA to TL.
It is also possible, to start two plate reconstructions for stamps with a large or a small crown watermark, as well as two plate reconstructions for stamps perforated 14 or perforated 16...

Red star penny plate reconstruction 

Blue star 2 pence plate reconstruction 

to be continued...