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12½ Centavos Crédito del Estado de Tamaulipas

Issuer Estado de Tamaulipas
Year 1876
Type Local banknote
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Obverse description Plain light paper printed in grey-black ink with leafy vine scroll border running the full perimeter. Issuer name arches across the top, face value expressed in numerals and words at centre, with the numeral "1" repeated at all four corners. Serial number in black at upper left.
Obverse lettering 1 CREDITO DEL ESTADO DE TA-
MAULIPAS
572
₵ 12 1/2 =
UN REAL
MEXICO
(Translation: 1
Credit from the State of Tamaulipas
12.5 Cents=One Real
Mexico)
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Comments

Tamaulipas was among several Mexican states that issued fractional paper currency during the 1870s to address the chronic shortage of small-denomination coinage — a problem that federal minting capacity simply could not solve at the local level. State credit notes of this kind were technically obligations against future tax revenue, not bank liabilities, which gave them a legally ambiguous status that merchants frequently exploited as grounds to refuse them.

At 60 × 32 mm, this is among the smallest pieces of paper currency issued by any Mexican state authority. Survival rates for Tamaulipas fractionals are low — the denomination made them disposable, and the paper stock used for these emergency emissions was rarely robust.

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