World Paper Money Value and Identification Guide




Paper Money Values - Mexico

The peso is the official currency of Mexico with roots in the Spanish dollar that date back to the 15th century. The first banknotes were issued by Emperor Agustin de Iturbide in 1823, shortly after Mexico’s Declaration of Independence from Spain in 1821. As Mexico transitioned from an empire to a federal republic, these notes were quickly withdrawn in the same year (1823) by the federal government which then issued its own currency. These early paper money issues were unsuccessful, and no additional banknotes were produced until the 1860s. Throughout the 19th and early 20th centuries, banknote production was the province of private banks and local authorities. The Bank of Mexico was established in 1925 and given the exclusive authority to issue paper money.

1915 Issue

Mexico Paper Money 5 Pesos 1915
Mexico Paper Money 5 Pesos 1915

  • Denomination: 5 Pesos
  • Issue Date: 1915
  • Reference: S1044b
  • Authority: Estado Libre y Soberano de Sinaloa
  • Printer: Britton & Rey
  • Front: Benito Juárez - Francisco Ignacio Madero
  • Back: Liberty and Justice
  • Signatures: Two Printed and Two Handwritten Signatures - Treasury Stamp on Back
  • Grade: Choice UNC 64 - PMG
  • Sale Date: Dec. 2019
  • Price: $71.01



Tesorería General del Estado 1916 Issue

Mexico Paper Money 2 Pesos 1916
Mexico Paper Money 2 Pesos 1916

  • Denomination: 2 Pesos
  • Issue Date: 1916
  • Reference: S1136
  • Authority: Tesorería General del Estado
  • Printer: Parsons Trading Company
  • Front: Mayan
  • Back: Mayan Ruins
  • Grade: Crisp UNC - Seller Graded
  • Sale Date: Jan. 2020
  • Price: $55.00

1957-1973 Issue

Mexico Paper Money 5 Pesos 1963
Mexico Paper Money 5 Pesos 1963

  • Denomination: 5 Pesos
  • Issue Date: 1963
  • Reference: 60h
  • Authority: Banco de México S.A.
  • Printer: American Bank Note Company
  • Front: La Gitana (the Gypsy)
  • Back: Statue of Victory - Mexico City
  • Grade: UNC - Seller Graded
  • Sale Date: Dec. 2019
  • Price: $3.95