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1 Peso Gobierno Provisional de México

Issuer Gobierno Provisional de México
Year 1914
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Value 1 Peso (1 MXP)
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Obverse description Black letterpress print on an orange underprint with red overprint and red serial numbers. At left, a Seated Liberty vignette portrays a female figure holding a plaque in her right hand and an olive branch in her left. At centre, the Mexican national arms — an eagle with a serpent in its beak perched on a nopal cactus rising from Lake Texcoco — is set against a background evoking the volcanoes Popocatépetl and Iztaccíhuatl.
Obverse lettering GOBIERNO PROVISIONAL DE MEXICO MEXICO, OCTUBRE 20 de 1914 LA TESORERIA RECIBIRA Y PAGARA ESTE BILLETE DE ACUERDO CON EL DECRETO DE 10 DE SEPTIEMBRE DE 1914. MEXICO OFICINA DEL GOBIERNO
(Translation: Provisional Government of Mexico Mexico, October 20, 1914 The treasury will receive and pay this bill in accordance with the decree of 10 September 1914 Mexico Office of the Government)
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Comments

The Gobierno Provisional de México was Victoriano Huerta's administration, which issued a large volume of paper currency in 1914 as the federal government struggled to finance military operations against the Constitutionalist forces of Carranza, Villa, and Zapata. Huerta fell in July of that year, and within months the revolutionary factions were actively discrediting and refusing Huertista paper. Merchants followed suit rapidly.

Notes from this series were effectively demonetized before the ink had time to age. Survivors in any circulated state are common precisely because so many were rejected and hoarded rather than spent.

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