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Paper Money Signature Sale 4039 20 Oct 2022
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Mexico Banco de Michoacan, Morelia 20 Pesos ND (1903) Pick S340s M409s Specimen PMG Gem Uncirculated 65 EPQ. Banknotes of this issuer are extremely rare in issued form, making Specimen and Proofs assuredly the best method to acquire the design. At the time of cataloging, PMG has not graded any issued notes of this denominations, and this is one of five Specimen currently present in the PMG Population Report. Issuance from this bank was brief, as it ceased banknote operations in 1909. Hole punched cancellations and typical red overprints are mentioned for accuracy. https://currency.ha.com/itm/world-currency/mexico-banco-de-michoacan-morelia-20-pesos-nd-1903-pick-s340s-m409s-specimen-pmg-gem-uncirculated-65-epq/a/4039-25421.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4039-10202022 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved
Estimate: 800-1200 USD
Mexico Banco de Michoacan, Morelia 20 Pesos ND (1903) Pick S340s M409s Specimen PMG Gem Uncirculated 65 EPQ. Banknotes of this issuer are extremely rare in issued form, making Specimen and Proofs assuredly the best method to acquire the design. At the time of cataloging, PMG has not graded any issued notes of this denominations, and this is one of five Specimen currently present in the PMG Population Report. Issuance from this bank was brief, as it ceased banknote operations in 1909. Hole punched cancellations and typical red overprints are mentioned for accuracy. https://currency.ha.com/itm/world-currency/mexico-banco-de-michoacan-morelia-20-pesos-nd-1903-pick-s340s-m409s-specimen-pmg-gem-uncirculated-65-epq/a/4039-25421.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4039-10202022 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved
Estimate: 800-1200 USD