-40%
1914 PANCHO VILLA 5 PESO CHIHUAHUA BANKNOTE SEE DESCRIPTION 3 CONSEC MEX43
1914 PANCHO VILLA 5 PESO CHIHUAHUA BANKNOTE SEE DESCRIPTION 3 CONSEC MEX43

1914 PANCHO VILLA 5 PESO CHIHUAHUA BANKNOTE SEE DESCRIPTION 3 CONSEC MEX43

$ 21.11

Availability: 100 in stock
  • Condition: THREE NOTES CRISP UNCIRCULATED WITH CONSECUTIVE SERIAL NUMBERS
  • All returns accepted: Returns Accepted
  • Restocking Fee: No
  • Refund will be given as: Money Back
  • Return shipping will be paid by: Buyer
  • Item must be returned within: 30 Days

    Description

    The history of
    El Banco del Estado de Chihuahua
    (
    Bank of the State of Chihuahua
    ) is brief and steeped in the turbulent times of the
    Mexican Revolution
    . WE ARE OFFERING 5 - 10 - 20 PESO NOTES.
    It was founded on December 12, 1913, as decreed by
    General Francisco “Pancho” Villa
    , military governor of the state of
    Chihuahua
    and commander of the
    División del Norte
    , an armed revolutionary faction.
    The bank’s stated purpose, in addition to issuing currency, was to “facilitate loans on properties that fully guarantee capital, especially poor farmers who need pecuniary elements to tillage their lands.” The bank’s capital was 10 million pesos, to be distributed in bank notes backed by gold.
    Work began quickly to locate a designer and printer for the bank’s notes, and after several unsuccessful forays, El Banco del Estado de Chihuahua contracted with the
    American Bank Note Company (ABNCo)
    .
    BUY WITH CONFIDENCE AS CHUCK FURJANIC, INC HAS 100% FEEDBACK SINCE 1998.CHUCK FURJANIC IS A LIFE MEMBER OF ANA (#1109 1973) AND HAS BEEN A PROFESSIONAL NUMISMATIST SINCE 1967 CELEBRATING 50 YEARS IN BUSINESS.  CHUCK HAS ALSO BEEN  A CONTRIBUTING EDITOR TO THE "RED BOOK" SINCE 1978.