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10 Pesos Estado De Michoacan

Issuer Estado de Michoacán de Ocampo
Year 1915
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Value 1 Peso (1 MXP)
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Obverse description Printed in light brown, the obverse bears no pictorial vignette; the issuer's full name, 'EL ESTADO DE MICHOACAN DE OCAMPO,' runs across the top, with the face value '10' repeated at all four corners and 'DIEZ PESOS' in letterpress at center. A five-digit serial number appears at upper left and right, a single-letter series designation is placed at center left and right, and the authorizing military decree date of 5 February 1915 is cited at center. Three manuscript signatures with printed titles — Tesorero General, Gobernador y Comandante General, and Interventor del Gobierno — occupy the lower zone.
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Reverse lettering 10
GOBIERNO DEL ESTADO DE MICHOACAN DE OCAMPO
DIEZ PESOS
MICHOACAN DE OCAMPO
TESORERIA GENERAL
ESTE BILLETE ES DE
CIRCULACION FORZOSA
(Translation: Government of the State of Michoacán de Ocampo
Ten Pesos
Michoacán de Ocampo, General Treasury.
This note is of mandatory circulation.)
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Comments

Michoacán's 1915 issues belong to the chaotic proliferation of regional and state-level emergency currency that flooded Mexico during the Revolution's most fractured phase. With federal Constitutionalist and Villista notes competing for acceptance, individual states issued their own paper to keep local commerce moving — and Michoacán de Ocampo was among dozens of issuers whose notes were often rejected outside their home territory within weeks of printing.

Acceptance was enforced by decree rather than public confidence, and forced circulation at face value was common. Many of these state notes were demonetized before 1916.