1948 Bank of Mexico 10 Pesos Note - Series BD - Very Fine (VF) - 22 December 1948 - 1948 Mexico Ten Peso Banknote - P#47c

This listing is for the photographed 1948 Banco de Mexico 10 Pesos Note. Issued on December 22nd, 1948. Series BD Issue. Portrait of Maria Estela Ruiz Velazquez on the right end of the obverse of this note. The reverse of this note shows a panoramic view of Guanajuato in 1828. Very Fine (VF) condition with minor folds and signs of wear. Excellent Mexican note with a beautiful design. Great addition to any collection! P#47c (Pick Number 47c).

The Bank of Mexico, known as "Banco de México" (Banxico), was established on September 1, 1925, in the aftermath of the Mexican Revolution. This revolutionary period highlighted the need for a central institution to stabilize and support Mexico’s financial system. At the time, multiple banks issued currency, which led to confusion, inflation, and lack of confidence in the nation's currency. Banxico’s creation centralized the issuance of banknotes, aiming to stabilize the economy and reinforce public trust.

Banxico issued its first official banknotes in 1925. These notes reflected the nation's wealth and history, and the designs were updated regularly to emphasize both modern achievements and traditional Mexican culture. The first series of banknotes featured prominent Mexican leaders and symbols of national pride.

This note represents the incredibly interesting history of the Bank of Mexico and the aftermath of the Mexican Revolution! Great condition and a must have for any collection!

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1948 Bank of Mexico 10 Pesos Note - Series BD - Very Fine (VF) - 22 December 1948 - 1948 Mexico Ten Peso Banknote - P#47c