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.
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| 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)
- 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)
- 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...
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