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1 Peso La Tesoreria General del Estado de Oaxaca
| Issuer | Tesorería General del Estado de Oaxaca |
|---|---|
| Year | 1916 |
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| In circulation to | Yes |
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|---|---|
| Obverse lettering | SERIE A 1 1 17940 La Tesoreria General del ESTADO DE OAXACA pagarà - UN PESO - al portador en efectivo Nochixtlan, Marzo 15 de 1916 El Tesorero El Contador (Translation: The General Treasury of the State of Oaxaca will pay One Peso to the bearer in cash Nochixtlan, March 15th., 1916 The Treasurer, The Accountant) |
| Reverse description | Black letterpress on light blue paper. A portrait vignette of Miguel Hidalgo y Costilla is at left, with the decree text occupying the right portion of the note. A blue circular treasury seal is overprinted at center-left, and the authorizing decree date appears below the main text. |
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| Comments |
Oaxaca's state treasury began issuing its own paper money in 1915 after the collapse of centralized monetary authority during the Revolution left the region effectively cut off from functioning federal currency. These notes circulated under the authority of Governor José Inés Dávila, whose administration printed several denominations to meet local payroll and commercial needs. The Tesorería General series is distinct from the better-known Oaxacan "Soberanos" issued slightly earlier under the sovereignty movement.
Counterfeiting was a serious problem with virtually all Mexican state and municipal paper of this period, and Oaxacan treasury notes were no exception — contemporary accounts reference multiple fraudulent versions in circulation within months of issue.