Bank Note: Mexico, 5 Pesos

On the left hand side of the banknote stands the allegorical figure of Liberty. She dons the pileus, otherwise known as the liberty cap. The story behind the liberty cap dates back to the emancipated slaves of Rome. These individuals altered their headwear accordingly, signifying the shift from enslaved status to that of citizenship, thus the cap itself became a symbol for freedom. In her right hand she holds an olive branch, another symbol often associated with Liberty. Traditionally, the olive branch represents peace, implying it will accompany freedom. In this rendition, the allegory of Liberty also bears a flag, presumably that of the Mexican nation. Behind her is an eagle with a snake in its peak, possibly alluding to the origin story of the nation’s capital. Combined, these elements point to a narrative where peace and freedom preside in the country.

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