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1 Peso Obligación Provisional del Erario Federal

Issuer Tesorería de la Federación
Year 1914
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Value 1 Peso (1 MXP)
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Reverse description Printed entirely in green on plain paper, the reverse is enclosed within an elaborate engraved border of repeating geometric and foliate guilloche ornaments at top, bottom, and sides, with decorative corner pieces. The central panel carries a green guilloche underprint over which a block of Spanish text is printed in dark green ink; at the lower left, a faint circular dry seal impression is visible.
Reverse lettering Esta Obligación es de admisión obligatoria en toda la República y en toda clase de pagos, y en consecuencia, es de poder liberatorio en cantidad ilimitada para cualquiera clase de obligaciones, incluso el pago de impuestos de la Federación, de los Estados y de los Municipios.
(Translation: This obligation is of obligatory admission throughout the Republic and in all types of payments, and consequently, it has an unlimited amount of liberating power for any type of obligations, including the payment of Federal, State, and Municipal taxes.)
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The "Obligación Provisional del Erario Federal" issues of 1914 belong to one of the most chaotic monetary moments in Mexican history — the Huerta government, desperate for revenue after Victoriano Huerta's February 1913 coup, resorted to these treasury obligations as emergency circulating currency when coin hoarding stripped the country of small denomination money. They were never proper banknotes in any institutional sense, but paper promises issued directly by the federal treasury to keep transactions moving.

P#S713 is among the simpler denominations in this obligación series. The "S" prefix in the Pick numbering reflects its classification as a state or emergency issue rather than a central bank emission — appropriate for instruments that were repudiated after Huerta's own fall in July 1914, leaving holders with worthless paper within months of issue.

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