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10 Pesos República Mexicana - Gobierno Constitucionalista

Issuer Gobierno Constitucionalista de México
Year 1915
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Value 10 Pesos (10 MXP)
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Obverse description Black intaglio print on a multicolored guilloche underprint, with red serial numbers. A central vignette carries a portrait of insurgent hero José María Morelos y Pavón, framed by ornamental lathe-work borders typical of American Bank Note Company production. Denomination numerals appear at the lower corners.
Obverse lettering REPÚBLICA MEXICANA GOBIERNO CONSTITUCIONALISTA 10 DIEZ PESOS
(Translation: Mexican Republic Constitutionalist Government Ten Pesos)
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Comments

The Constitutionalist government under Carranza issued this note during the most chaotic phase of the Revolution, when multiple competing factions — Villistas, Zapatistas, Convencionistas — were each printing their own currencies. Merchants frequently refused all paper money outright; exchange rates between rival issues swung violently day to day. The ABNC contract was partly a political signal, a bid for international legitimacy at a moment when recognition from Washington mattered enormously.

Carranza achieved that recognition in October 1915. Notes already in the field by then gained a brief credibility that earlier Constitutionalist emissions never enjoyed.

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