Mexico Banco de Tamaulipas 50 Pesos ND 1902–1914 PMG 58 AU ABNC Remainder Scarce For Sale

Beautiful Banco de Tamaulipas 50 Pesos remainder printed by the American Bank Note Company between 1902 and 1914.

Graded PMG 58 Choice About Uncirculated, this note exhibits exceptional color, crisp embossing, and full margins. The obverse features allegorical figures representing commerce and industry, while the reverse shows two hunting dogs near a river, engraved in rich red-brown ink.

Scarce in this grade — only 4 graded 58 by PMG and 6 higher — a top-10 population example of one of Mexico’s most admired private-bank issues.

• PMG 58 Choice AU – Top 10 Census
• SCWPM S432r / M523r (1902–1914)
• Printed by ABNC, New York – Remainder Issue

Excellent addition for advanced collectors of ABNC artistry or Mexico’s Banco Periodo.

Mexico – Banco de Tamaulipas, ND (1902–1914)

50 Pesos Remainder | Pick S432r / M523r
Serial #: H 13559 Printer: American Bank Note Co. (ABNC)
Grade: PMG 58 Choice About Uncirculated
Location: Tampico

Front (Obverse):

• Two allegorical female figures symbolize Commerce and Industry—one seated with tools and fabric, the other standing beside a cask and crates marked PVV, referencing Tamaulipas’s seaport trade.

• Large guilloche ovals contain the denomination 50 CINCUENTA PESOS, flanking the central vignette.

• Rich black-and-tan tones with a large brown overprint CINCUENTA PESOS across the bottom.

• Finely engraved ABNC scroll borders with numerals “50” in each corner.

Back (Reverse):

• Striking red-brown intaglio design with central vignette of two hunting dogs near a riverside—a beloved ABNC engraving shared among several northern-state banks.

• Surrounded by complex guilloches forming a lace-like rosette pattern; Banco de Tamaulipas arches above.

• Engraver’s imprint American Bank Note Company New York at bottom.

The Banco de Tamaulipas served the Gulf-coast region of Mexico from its headquarters in Tampico during the Porfirian economic boom. Its notes celebrated trade, agriculture, and maritime commerce, vital to the state’s oil and port industries.
When Mexico nationalized its banking system in 1914, private-issue notes like this remainder were never released—making them prized survivors of Mexico’s Banco Periodo (1897–1914), known for ABNC’s unrivaled artistry.

• In 58: 4 graded

• In higher grades: 6

• Total known: ≈10 examples at AU or better