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10 Pesos La Tesoreria General del Estado de Oaxaca
| Issuer | Tesorería General del Estado de Oaxaca |
|---|---|
| Year | 1915-1916 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | La Tesorería General del Estado de Oaxaca pagará Diez Pesos al portador en effectivo. Oaxaca de Juarez, 26 de Junio de 1915 (Translation: The General Treasury of the State of Oaxaca will pay Ten Pesos to the bearer in cash. Oaxaca de Juarez, 26 June 1915) |
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| Reverse lettering | ESTE Titulo de Crédito es de circulación forzosa y tiene poder liberatorio ilimita- do dentro del territorio del Estado de Oaxaco Decreto número 2 del 19 de Febrero de 1915. (Translation: THIS Credit Title is of forced circulation and has unlimited releasing power within the territory of the State of Oaxaca. Decree number 2 of February 19, 1915.) |
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| Comments |
Oaxaca's state treasury began issuing its own paper currency in 1915 as the Constitutionalist central government struggled to maintain any monetary coherence across Mexico. The broader collapse of confidence in competing revolutionary factions' notes — Villista, Zapatista, Carrancista — made regional issues like this one both a practical necessity and a political statement of provincial autonomy during a period when nobody was quite sure which currency would still be accepted next week.
The series ran into 1916, by which point Carranza's government was aggressively suppressing regional emissions and forcing consolidation. Notes that were not redeemed were simply invalidated.