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5 Pesos Ejercito del Noroeste

Issuer Cuerpo de Ejército del Noroeste (Northwest Army Corps)
Year 1915
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Value 5 Pesos
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Obverse description Black letterpress printing on cream paper over a red guilloche underprint. At left, a bust portrait of a bearded man in civilian dress faces right within a laurel-branch frame; at right, an allegorical seated female figure is paired with a cannon, spoked wheel, helmet, and foliage. The centre bears a large numeral '5' within a circular lathe-work medallion flanked by denomination text, the whole enclosed by an ornate lace-pattern border, with 'Serie D' inscribed below the main heading.
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Reverse description Printed in blue on cream paper within a scalloped guilloche border. The central vignette presents three soldiers in campaign dress attending a field artillery piece with a large spoked wheel against a wooded background. To each side, a circular medallion carries the Mexican national coat of arms — an eagle perched on a cactus grasping a serpent — and a red circular validation stamp appears at lower right.
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Comments

The Cuerpo de Ejército del Noroeste was Álvaro Obregón's command during the Constitutionalist campaign against Victoriano Huerta and, after Huerta's fall, against the Villista and Zapatista factions. By 1915, the Mexican Revolution had fractured into competing armies each printing their own currency — a practical necessity when federal supply lines were nonexistent and troop loyalty depended partly on the ability to pay in something, anything, that local merchants would accept.

Regional Constitutionalist issues like this one were frequently rejected outside the issuing army's zone of control, which created immediate arbitrage and counterfeiting incentives. Many were repudiated entirely once Carranza consolidated power and pushed standardization. Survivors tend to show heavy fold wear consistent with field pay rather than commercial banking use.

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