1916 Mexico, Comercio de Zamora Mich. 10 Centavos PMG UNC 62

Key Features

• Year: 1916
• Issuer: Comercio de Zamora, Michoacán
• Denomination: 10 Centavos
• Grade: PMG UNC 62 (Uncirculated)

Grading Details

• PMG UNC 62:
  • The note is in uncirculated condition with no folds or creases but may exhibit slight handling or production flaws, such as minor printing imperfections or slight corner bumps.
  • It retains strong visual appeal with sharp edges, vibrant colors, and crisp paper.

Historical Context

• Revolutionary Era:
  • By 1916, the Mexican Revolution had disrupted the central monetary system, leading to the issuance of local emergency currencies like this one.
  • Zamora, located in the state of Michoacán, was a hub of regional trade and commerce, necessitating the creation of localized currency for transactions.
• Purpose:
  • These notes were typically issued to address cash shortages, functioning as promissory notes within a limited geographical area.

Design Characteristics

• Obverse:
  • Likely features the name “Comercio de Zamora,” the denomination, and any issuing authority or design elements intended to prevent counterfeiting.
  • Hand signatures or stamps were often used to validate authenticity.
• Reverse:
  • As was common with emergency issues, the reverse may have a simple design or be blank.

Comparison to PMG 55 Grade

• The UNC 62 grade indicates a superior example compared to a note graded About UNC 55, with enhanced crispness and reduced evidence of handling. This grade is especially desirable for collectors focused on quality.

Collector Appeal

• Historical Significance:
  • Represents a localized solution to economic instability during the Mexican Revolution.
  • Offers insight into the regional monetary practices of Michoacán during a pivotal historical period.
• Visual and Condition Appeal:
  • High grade and clear details make it a centerpiece for collections focused on Mexican revolutionary-era currencies or Michoacán-specific issuers.