1972 Mexico Banco de Mexico 500 Pesos P-51p PMG 67 EPQ Superb Gem UNC ABNC Morelos

1972 Mexico Banco de Mexico 500 Pesos P-51p PMG 67 EPQ Superb Gem UNC ABNC Morelos

Offered here is an outstanding 1972 Mexico Banco de Mexico 500 Pesos banknote, cataloged as Pick 51p, and certified PMG 67 EPQ Superb Gem Uncirculated. This is a high-end example from Mexico’s celebrated engraved 500 Pesos series, pairing classic ABNC production quality with elite-grade preservation and the coveted EPQ designation that confirms fully original paper quality.

Authenticity is guaranteed by PMG (Paper Money Guaranty), one of the most respected third-party grading services in the world paper money hobby. The note has been authenticated, graded, and encapsulated for long-term protection, while EPQ (Exceptional Paper Quality) signals original paper integrity and premium surfaces that advanced collectors consistently prioritize at the Superb Gem level.

Historically, these Banco de Mexico issues represent the final flourish of traditional intaglio-style banknote artistry before later modernization trends became more common. Mexico’s mid-to-late 20th century notes are admired for their intricate security engraving, confident national imagery, and the unmistakable depth of line work that makes intaglio printing so visually compelling. The 500 Pesos denomination served as a major value note for its era, giving the design additional presence and making top-grade survivors especially desirable.

The face design features a finely engraved portrait of José María Morelos, a central figure in Mexico’s independence movement, framed by ornate scrollwork, layered guilloche patterns, and crisp denomination counters. The reverse showcases the Palacio de Minería, an iconic Mexico City landmark rendered in rich green with exceptional architectural detail and balanced symmetry. Printed by the American Bank Note Company, this issue displays the refined engraving style ABNC is known for, with sharp detail, complex patterning, and strong visual depth that rewards close inspection.

Catalog identification for this note is Mexico, Banco de Mexico, 1972, 500 Pesos, Pick 51p, printed by ABNC, graded PMG 67 EPQ Superb Gem Uncirculated. The PMG label also includes the series attribution for this specific variety, adding another layer of collectability for specialists who enjoy the finer classification points within the Pick number.

Collector’s Value
A PMG 67 EPQ example of Pick 51p is a premium collector piece that brings together iconic Mexican design, ABNC engraving pedigree, and elite-grade originality. Superb Gem notes with EPQ are consistently in demand because they offer both top-tier eye appeal and long-term desirability, and the bold 500 Pesos format gives this note true centerpiece status in a Mexico collection or world paper money display. If you’re upgrading a set or targeting high-grade EPQ-certified classics, this is the kind of note that stands out immediately and remains difficult to replace.