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1 Peso Comision Reguladora del Mercado de Henequen

Issuer Comision Reguladora del Mercado de Henequen
Year 1914
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Value 1 Peso (1 MXP)
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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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Reverse lettering Quedan renunciados los ar- ticulos 558 y 559 del Codigo de Comercio vigente Este Cheque solo será cambia- do en fracciones de a cinco pesos o cantidades de pesos que terminen en cinco o en cero
(Translation: Articles 558 and 559 of the current Commercial Code are waived This Check will only be changed in fractions of five pesos or amounts of pesos that end in five or zero)
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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.

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