An Impossible Set
Mexico: Banco San Luis Potosi

Slot Comment:

1897 saw the Madero and the Meade brothers establish the Banco de San Luis Potosi, which issued notes in seven denominations from 5 to 1000 pesos, and was the only private bank for the central Mexican state. When a change in the law allowed banks to issue notes for amounts under 5 pesos the bank too...
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Note Details

  

Set Details
Note Description: Mexico, Banco de San Luis Potos?
1 Peso
Grade: F 15
Country: Mexico
Note Number: MEXS406
Signatures/
Vignettes: 		- Printer: ABPC
Certification #: 2179682-088
Owner: ColonialCoinsUK
Set Category: World
Set Name: An Impossible Set
Slot Name: Mexico: Banco San Luis Potosi
Research: See PMG's Census Report for this Note

Owner's Description

The note representing this bank is 1 peso example from the final issue. The front of the note, as for all denominations, displays the State coat-of-arms, which features San Luis, or Saint Louis was Louis IX, the King of France who was a devout catholic and led several crusades in the late 13th century, dying on the 8th crusade from dysentery. Pope Boniface VIII made Louis IX a saint in 1297. The reason for establishing the first Spanish settlement in the state the Cerro de San Pedro and its productive gold and silver mines and this is also recognised as Saint Louis standing on a hill flanked by two silver ingots and two gold ingots. Potosi was added to the name, at a later date, in reference to the famous silver mines in Bolivia probably highlighting that Mexico had an (almost) equivalent!

On the left is a vignette of the bank headquarters building, all 1 peso notes are Series D and dated 15th February 1914. The back of the note features a central image of the Mexican coat-of-arms and, on the left, the stamps indicating the 1% duty had been paid allowing the note to be issued.

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