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V21 2018 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 21, Number 52, December 30, 2018, Article 3

NEW BOOK: VALORES DE LA NACIÓN

Cedrian López-Bosch submitted this information about a new book on an interesting Mexican government hoard of banknotes and bonds. Thank you! -Editor

Valores de la nación I wanted to share with your readers a book published by Mexico's Ministry of Finance, in which I had the pleasure to contribute (available only in Spanish):

Few years ago, at the Ministry of Finance's printing facilities someone asked to empty a room to be able to store either passports or stamps that are normally printed there. The response was that the objects there did not belong to this office, but to the Federal Treasury. They asked the latter to empty such room and this story begins:

Apparently the Treasury had forgotten about this vault with thousands of stocks & bonds, and few boxes and bags of banknotes under their custody.



Valores de la nación bonds Valores de la nación banknotes banded

The MoF hired an expert on economic history, to make an inventory and find out what was about, and she kindly invited me to study the banknotes. This repository had nothing rare, but the size and variety of the collection was worth studying, and the MoF decided to publish a book in order to reveal the contents of this collection and invite scholars to further study it.

This is the book that resulted from such project. The first article describes the contents of the collection, putting in context the emissions of private and public debt throughout a century, from late 19th to late 20th Century. In the second article, I tried to describe the different roles played by the MoF around banknotes issuance, from authorization, validation, surveillance, custody, printing, exchange, withdrawal to their destruction throughout the story of this means of payment in Mexico, illustrated with samples of this collection, mainly comprised by notes from the revolution, including hundreds of UNC bundles. Finally, the last article written by the editor, shows how banking architecture, displayed in several banknotes in the late 19th Century showed the richness and economic wealth of those times.

What a great opportunity to rediscover a forgotten treasure! It's a sumptuously illustrated book, in full color. I went overboard in choosing sample pages for illustration here. The complete book is available online at the link below. -Editor

Valores de la nación sample page Valores de la nación sample page3

Valores de la nación banknote seals Valores de la nación banknote vignette

Valores de la nación sample page2 Valores de la nación banknotes

To read the complete book, see:
https://bpo.sep.gob.mx/#/recurso/6406/document/1

HLRC E-Sylum ad06 Buying



Wayne Homren, Editor

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To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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