Mexico, Banco Minero Chihuahuense 1880 P-S172d PMG Very Fine 25 Centavos (Batopilas Ovpt.)

A very challenging and underrated private issue from Mexico. Red "Batopilas" overprint at center. Batopilas is the county seat of the municipality of the same name, and even today has a population of just 1,200 people. Printed by ABNC, this small-change note no doubt had a small print run and circulated extensively, resulting in a very challenging issue today. The first we have handled and a survey of publicly available auction records reveals just one example of this overprint selling at public auction, back in 2014, which was an example with several condition issues. This is a pleasing and problem-free circulated example. Rare opportunity for the specialist of classic Mexico.