NumisBids
  
Stack's Bowers & Ponterio
January 2023 NYINC Auction  13-16 Jan 2023
View prices realized

Lot 30497

Starting price: 6000 USD
Lot unsold
Find similar lots
Share this lot: Share by Email
MEXICO. Banco de Londres Mexico y Sud America. 5 Pesos, ND (1865-67). P-S216s. Specimen. PMG Extremely Fine 40.
Unknown printer. The Banco de Londres Mexico Y Sud America was authorized by a British firm on February 15, 1864 and was originally titled Bank of Mexico, LTD. This title was later changed to reflect the expansion into other countries. The founders of the charter were William Newbold and Robert Geddes. The bank opened its doors on August 1, 1864 and by 1865, 15 locations were found throughout Mexico, as well as two others which were located in British Columbia and Havana, Cuba. Paper money would be issued on February 13, 1865. The first issued was limited, with only 1,400 5 Peso notes issued (the denominations 10, 20 and 50 Pesos were also issued).

Notes from this issuer are next to impossible to find, with the Mexican Paper Money book reporting only one issued note is known to collectors (a 10 Pesos from the third series printed by BW&C). It is also rumored that a issued 5 Pesos note in issued (but cancelled) form is known to survive. This note is believed to be unique in specimen form, and will surely fill a void in even the most extensive collection of Mexican paper money. PMG comments "Previously Mounted, Stains".

Estimate: $10000 - $15000

Question about this auction? Contact Stack's Bowers & Ponterio