Note Details:
- Country: Mexico
- Denomination: 1 Peso
- Year of Issue: 1927
- Catalog Number: This note is cataloged as a “Contribución para la Conquista de la Libertad” note, which refers to the emergency currency issued to support revolutionary causes.
- Grade: PMG Choice UNC 64
- Choice UNC 64 indicates the note is in uncommonly well-preserved condition, showing no signs of significant handling or wear. It exhibits crisp paper, vivid color, and sharp details.
- PMG (Exceptional Paper Quality) designation ensures the note’s authenticity and confirms it has been properly preserved.
Design Features:
Obverse (Front):
- Text: The note carries the inscription “Contribución para la Conquista de la Libertad” (Contribution for the Conquest of Liberty).
- Features revolutionary-era symbols related to the Mexican Revolution, with themes of freedom and national pride.
- The note includes ornate border designs typical of the period, with engraved text and decorative motifs.
- The 1 Peso denomination is clearly displayed in the center, indicating the note’s value.
Reverse (Back):
- The reverse features additional nationalistic designs and revolutionary imagery, showcasing the symbolic nature of the note as part of Mexico’s struggle for liberty.
- The back often features Mexican shields, eagles, or other patriotic symbols that emphasize the country’s fight for independence and freedom during the revolution.
Historical Context:
- Contribución para la Conquista de la Libertad notes were issued during the Mexican Revolution (1910-1920) and the subsequent period of reconstruction.
- These notes were issued by the revolutionary government as a form of emergency currency to fund military and civilian efforts during a time of national crisis.
- The 1927 issue reflects Mexico’s continuing struggle to stabilize the country after the revolutionary upheavals and the eventual consolidation of power by Alvaro Obregón, who was president from 1920 to 1924.
- 1 Peso notes like this one were intended to be used in daily transactions and were essential in the rebuilding of Mexico after years of internal conflict.
Rarity and Market Value:
- Mintage: While the exact mintage for this specific note may not be well-documented, revolutionary-era emergency currency is generally scarce due to the limited circulation and destruction of such notes over time.
- Estimated Value (PMG Choice UNC 64):
- A PMG Choice UNC 64 grade is highly desirable, and this note’s market value can range from $500 to $1,200, depending on the current demand for Mexican Revolutionary notes and the note’s rarity.
- Notes in higher grades (e.g., UNC or Gem UNC) can command premium prices.
- Condition Impact: The Choice UNC 64 grade adds a significant premium over lesser-condition notes, making it a key find for collectors of Mexican banknotes and revolutionary-era currency.
Collector Appeal:
- Historical Significance:
- As a revolutionary-era note, it carries significant historical weight, reflecting the struggles of the Mexican people during one of the most turbulent periods in the country’s history.
- Notes from the Mexican Revolution era are highly sought after by collectors interested in the political and social history of the time.
- Rarity and Condition:
- The Choice UNC 64 grade is especially attractive to collectors who value well-preserved notes.
- High-grade revolutionary notes such as this one are scarce, making it a prized addition to any collection focused on Mexican currency or Latin American numismatics.
- Design and Aesthetics:
- The intricate engravings and historical imagery make these notes visually striking. Collectors of art and design often find the notes from this era appealing.
Market Considerations:
- Investing in Mexican Revolution Currency:
- Notes like the 1927 Contribución para la Conquista de la Libertad 1 Peso are popular among both numismatists and investors due to their historical context and scarcity.
- As scarcity and condition are key drivers of value, this note’s Choice UNC 64 grade ensures its desirability on the market.
- Auction and Sales:
- This note may appear in specialized auctions focusing on Latin American or revolutionary banknotes, where its unique features and historical significance may attract higher bids.
Reviews
There are no reviews yet.