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10 Pesos La Tesoreria General del Estado
| Issuer | Tesoreria General del Estado de Yucatan |
|---|---|
| Year | 1916 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
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| Printer | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPUBLICA MEXICANA ESTADO DE YUCATAN DIEZ LA TESORERIA GENERAL DEL ESTADO PAGARÁ AL PORTADOR LA CANTIDAD DE DIEZ PESOS ORO NACIONAL Mérida, Yuc., Mex. (Translation: Mexican Republic State of Yucatan Ten The General Treasury of the State will pay to the bearer the amount of Ten Pesos national gold Merida, Yucatan, Mexico) |
| Reverse description | Log in to see details |
| Reverse lettering | GOBIERNO CONSTITUCIONALISTA - DE YUCATAN - ESTE BILLETE CIRCULARÁ CONFORME AL DECRETO Nº 550 DE MAYO 23 DE 1916 ORO NACIONAL (Translation: Constitutionalist Government of Yucatan This bill will circulate in accordance with Decree number 550 of May 23, 1916 National Gold) |
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| Comments |
Yucatan's wartime monetary situation in 1916 was tangled. The state government, operating with considerable autonomy under Governor Salvador Alvarado, issued its own paper currency in defiance of competing factions flooding Mexico with worthless revolutionary scrip. Having the Parsons Trading Company in New York handle the printing was a deliberate choice — offshore production meant the plates and paper stock were beyond the reach of any rival faction that might seize local facilities.
Parsons was a commercial trading firm rather than a specialist security printer, which occasionally shows in the execution. The S1138 series circulated alongside several other Alvarado-era emissions, some of which were almost immediately counterfeited or repudiated in neighboring states.