1543

Mexico City, Mexico, Empire of Mexico, small-size 10 pesos, 1-1-1823, serial 2140, ex-Bevill.

Currency:USD Category:Coins & Paper Money / Paper Money - World Currency Start Price:170.00 USD Estimated At:250.00 - 375.00 USD
Mexico City, Mexico, Empire of Mexico, small-size 10 pesos, 1-1-1823, serial 2140, ex-Bevill.
SOLD
435.00USD+ (76.13) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 May 16 @ 15:47UTC-4 : AST/EDT
By bidding in this auction you understand and agree to the Terms and Conditions.
Mexico City, Mexico, Empire of Mexico, small-size 10 pesos, 1-1-1823, serial 2140, ex-Bevill. Frampton-M12b; Olson-12; SCWPM-3b. The highest denomination of the banknotes issued by the Empire of Mexico in 1823. In James Bevill's work, The Paper Republic, he states, "Although designed for widespread circulation in Mexico, they were also issued as payment to Mexican troops stationed in Texas." He goes on to mention that the notes were most likely printed by Samuel Bangs (1798-1854) in Saltillo, Coahuila y Tejas (Coahuila and Texas). Bangs, considered the first printer of Texas, had a printing press and steady work printing Mexican government decrees. Indeed, the government decrees he printed in 1823 share a very similar appearance and font when compared to the imperial bank notes. Another possibility, Bevill suggests, is that the Imperial Palace in Mexico City was responsible for their printing as they were with most official paper documents of the time. While Bevill notes that 100,000 10 peso notes were authorized, "the surviving specimens are scarce in any condition, with the 10 peso notes being the rarest." This 10 pesos grades AU with only light handling along the edges to note, a 2" cut cancellation along the lower left side, great paper quality and color. Pedigreed to the James Bevill collection.