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1 Peso Gobierno Provisional de México

Issuer Gobierno Provisional de México
Year 1914
Type Local banknote
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Obverse description Black letterpress print on an orange underprint with red overprint and red serial numbers. At left, a Seated Liberty vignette portrays a female figure holding a plaque in her right hand and an olive branch in her left. At centre, the Mexican national arms — an eagle with a serpent in its beak perched on a nopal cactus rising from Lake Texcoco — is set against a background evoking the volcanoes Popocatépetl and Iztaccíhuatl.
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Reverse lettering ESTE BILLETE CIRCULARA DE ACUERDO CON EL DECRETO DE 19 DE SEPTIEMBRE DE 1914
(Translation: This banknote will circulate in accordance with the decree of 19 September 1914)
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Comments

The Gobierno Provisional de México was Victoriano Huerta's administration, which issued a large volume of paper currency in 1914 as the federal government struggled to finance military operations against the Constitutionalist forces of Carranza, Villa, and Zapata. Huerta fell in July of that year, and within months the revolutionary factions were actively discrediting and refusing Huertista paper. Merchants followed suit rapidly.

Notes from this series were effectively demonetized before the ink had time to age. Survivors in any circulated state are common precisely because so many were rejected and hoarded rather than spent.

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