1 Peso Crédito del Estado de Tamaulipas

Tamaulipas issued its own paper credit instruments during the 1870s under the broader Mexican framework that permitted individual states to function as quasi-financial authorities before the 1884 federal banking reform centralized such powers. The "Crédito del Estado" designation is telling — these were not bank notes in the conventional sense but state-backed credit obligations, a distinction that mattered legally and practically when redemption was sought.

The S428 series encompasses several signature varieties; the D suffix places this among the later signing combinations. Regional state issues from this period suffered chronically uneven acceptance even within their own borders.