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1 Peso Comision Reguladora del Mercado de Henequen
| Issuer | Comision Reguladora del Mercado de Henequen |
|---|---|
| Year | 1914 |
| Type | Local banknote |
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| Obverse description | Black letterpress print on orange underprint, with red serial numbers and a purple official seal. At left, a vignette of a woman in traditional Yucatecan dress; at right, a standing worker posed beside bales of henequen fiber. The face carries the issuing authority's full title and payment obligation text across the central field. |
|---|---|
| Obverse lettering | Merida, (Yuc) Noviembre 20 de 1914 Comision Reguladora del Mercado de Henequen · La Tesoreria General del Estado Pagará al Portador la Cantidad de $1. Un Peso con cargo a la cuenta de la Comision Reguladora del Mercado de Henequen (Translation: Merida, (Yuc) November 20th, 1914 Henequen Market Regulatory Commission · The General State Treasury Will pay the Bearer the amount of One Peso charged to the account of the Henequen Market Regulatory Commission) |
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| Comments |
The Comisión Reguladora del Mercado de Henequén was a Yucatán state body created to control the export of henequen — the agave-derived fiber that made Yucatán extraordinarily wealthy supplying cordage to North American grain harvesters. By 1914, the revolutionary chaos engulfing Mexico had collapsed normal currency supply, and the Comisión issued its own notes to keep the henequen economy functioning independently of Mexico City's authority.
Printing in Santiago rather than in Mexico was not unusual for the period — several Mexican revolutionary-era issuers contracted South American security printers when northern options were unavailable or untrusted. Talleres de Especies Valoradas had an established reputation for fiscal and revenue printing throughout Latin America.