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1 Peso El Estado de Durango

Issuer State of Durango
Year 1914
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Reference(s) P#S731
Obverse description Black letterpress print on cream paper with a repeating guilloche border reading 'UN PESO' around all four edges. A vignette at left shows a standing allegorical female figure holding a flag and a staff, with a bird and landscape in the background. The large italic script title 'El Estado de Durango' dominates the upper centre, below which the promise-to-pay text and denomination panel 'UN 1 PESO' appear in a dark cartouche. Three manuscript signatures appear at the bottom under the titles El Secretario Interino, El Gobernador, and El Director General de Rentas, with the place and date 'Durango, Enero de 1914' and series designation in red at the top.
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Reverse lettering Esta emisión está autorizada por el Primer Jefe del Ejército Constitucionalista. Sus billetes serán canjeados á la par, por la moneda que emita el Gobierno Constitucional de la República.
(Translation: This issue is authorized by the First Chief of the Constitutionalist Army. Its notes will be exchanged at par for the currency issued by the Constitutional Government of the Republic.)
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Comments

Durango's 1914 peso issues were produced during one of the most chaotic phases of the Mexican Revolution, when Constitutionalist forces under Domingo Arrieta controlled much of the state and the federal monetary system had effectively collapsed. Individual states, municipalities, and even private companies were printing their own notes out of sheer necessity — not monetary ambition. The S731 belongs to that emergency wave.

Provincial revolutionary issues like this one are notorious for crude printing and poor paper stock, both deliberate and circumstantial. Counterfeiting was widespread enough that some Durango issues were withdrawn and reissued with additional handstamps within weeks of first circulation.

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