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1 Peso Restrike Army of the North, Lead

Issuer Chihuahua, State of
Year 1915
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Value 1 Peso
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Reverse description Central device features a Phrygian liberty cap radiating straight rays, a classic Revolutionary-era emblem of freedom, with the date 1915 positioned in the lower field beneath it. The surrounding legend reads EJERCITO DEL NORTE above and LIBERTAD to the side, with the denomination UN PESO, state abbreviation CHA, assayer initials FM, and fineness 902.7 completing the circular inscription. The engraver's name SEVILLA appears within the legend. The composition of the design reflects the utilitarian struck coinage produced under Pancho Villa's Army of the North during the Mexican Revolution.
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Mintage 1915
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The Army of the North restrikes were produced under Pancho Villa's Villista forces, who controlled much of Chihuahua through the revolutionary years and faced chronic shortages of proper coinage metal. Lead substitutes emerged from genuine necessity — silver and copper supplies were inconsistent at best, looted or hoarded at worst. These pieces occupy an awkward space in Mexican revolutionary numismatics: officially sanctioned by a functioning military government, yet materially desperate.

Lead examples are the least durable of the restrike materials and survivors in any condition are genuinely scarce.

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