5 Pesos Ejercito del Noroeste

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.