Watch List notes:

Mexico City, Mexico, Empire of Mexico, small-size 2 pesos, 1-1-1823, serial 11,122, ex-Bevill. Frampton-M11c; Olson-11; SCWPM-2b. Care was taken when producing the Empire of Mexico pesos. Bevill says, "the paper is high quality and appears to be a cotton or linen blend. The printing created a slight raising of the letters on the reverse. The facsimile signatures were stamped on each note after their printing, rather than included in the printing process." The strong embossing noted is readily apparent on this XF/AU 2 pesos which also boasts good paper quality with only a tinge of paper toning around the edges, a 2" cut cancellation (typical for the series) noted in the lower left side. Pedigreed to the James Bevill collection.

Estimate: $125-200