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20 Centavos Estado Libre y Soberano de Mexico
| Issuer | Estado Libre y Soberano de Mexico (Free and Sovereign State of Mexico) |
|---|---|
| Year | 1915 |
| Type | Local banknote |
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| Obverse description | Black letterpress on blue underprint with red serial numbers. At left, a vignette of the Fuente del Centenario de la Independencia (Centenary of Independence Fountain) in Toluca, sculpted by Juan de Dios Fernández. The text block occupies the central and right portions of the note, with denomination figures at right. |
|---|---|
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| Reverse lettering | Este billete es de circulacion forzo- sa, por estar garantizado su importe, conforme al decreto num 4 de 1º. de Marzo 1915 (Translation: This ticket is of forced circulation, as its amount is guaranteed, in accordance with decree number 4 of 1st of March 1915) |
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| Comments |
The "Free and Sovereign State of Mexico" designation here refers not to the nation but to the State of México — one of dozens of subnational Mexican entities that began printing their own emergency fractional currency in 1915 as the Revolution's economic collapse made federal coinage and Constitutionalist paper money increasingly unreliable or simply unavailable. Cartones and small-denomination paper notes flooded the country that year, issued by states, municipalities, merchants, and mining companies alike.
The Pick S-prefix confirms revolutionary-era state issue. Survival rates for these fractional notes vary wildly — the lower the denomination, the harder the circulation, and 20-centavo pieces rarely survived long in daily use.