Banco De Mexico Notes Appraisal

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1948 Mexico 1 Peso Banknote (Banco de Mexico)

This is a one-peso banknote issued by the Banco de Mexico, dated December 22, 1948 (22-XII-48), specifically belonging to Series BD. The note features a central intricate graphic of the Aztec Calendar (Piedra del Sol), which is a signature element of this currency era. The primary color palette consists of a muted, aged cream or tan background with detailed green-to-grey engraved scrollwork and borders. The serial number 'E211591' is printed in a contrasting red ink in two locations. The note was printed by the American Bank Note Company, as indicated by the small text at the bottom. Regarding condition, this specimen is in poor to fair circulated condition. Notable defects include significant 'ragging' and loss of material along the left edge, heavy vertical and horizontal center creases, and rounded, feathered corners. There is visible surface soiling, heavy foxing (brown spotting), and general paper softening due to age and handling. The note retains its historical signatures but lacks the crispness of a collectible-grade uncirculated bill. The craftsmanship is typified by the high-quality intaglio printing of the mid-20th century, which allowed for microscopic detail in the border patterns and central sun stone engraving.

Estimated Value

$1.00-$3.00

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