PMG's Featured Note of the Month: Mexico 200 Pesos

Posted on 9/15/2020

A 200 Peso note issued by the Banco de México in 2009 commemorates the 200th anniversary of the Mexican War of Independence.

Mexico, Banco de México, Pick# 129a, 2010, 200 Pesos, Commemorative, front
Graded PMG 68 Superb Gem Uncirculated EPQ.
Click image to enlarge.

Mexico, Banco de México, Pick# 129a, 2010, 200 Pesos, Commemorative, back
Graded PMG 68 Superb Gem Uncirculated EPQ.
Click image to enlarge.

Country: Mexico

Catalog Number: Pick# 129a

Date: 2010

Denomination: 200 Pesos

Varieties: There are a total of five varieties for this note type, which are differentiated by the serial number prefix and the signatures. The a-variety has a serial number prefix of A and the signatures of Martinez and Ramos.

What makes it special? In 2009, Banco de México released two new banknotes to commemorate two major dates in Mexican history. One of them, a 100 Peso note, commemorates the 100th anniversary of the Mexican Revolution. The other note, which we are looking at today, is a 200 Peso piece and commemorates the 200th anniversary of the Mexican War of Independence. The front features a portion of the painting "Don Miguel Hidalgo," which shows the eponymous priest Miguel Hidalgo y Costilla clutching a flag and raising one arm, presumably as he urges his followers to revolt against Spanish control. On September 16, 1810, Hidalgo rang the church bell in the city of Dolores, Mexico, in order to summon the people to the church. The speech that Hidalgo made to his gathered congregation became known as the "Cry of Dolores" and effectively started the 11-year-long war that ended in Mexico's independence from Spain. The reverse of the note shows the "Angel of Independence," a statue that was built in 1910 to celebrate the centennial of the beginning of the war.

Why is it interesting now? Mexican Independence Day falls on September 16 each year — the anniversary of the day that Hidalgo issued his speech and rallied the Mexican people against Spanish rule.

Did you know? In honor of Hidalgo, the President of Mexico rings the same 200-year-old church bell every year on the eve of Mexican Independence Day (though it is now usually rung from the National Palace in Mexico City, rather than in the original city of Dolores).

Total graded by PMG: 55

PMG median grade: The median grade for these notes is 66 EPQ.

PMG highest graded: 68 EPQ

Sales highlights: This note can be found on eBay for around $40 raw.

PMG Registry Champion: While there are several sets that this note could fit into, the most specific to this note type seems to be the Mexico Commemorative Issues set.

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