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2 Pesos

Issuer State of Oaxaca
Year 1915
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Composition Silver
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Reverse description The arms of the State of Oaxaca occupy the central field, depicting a radiant sun rising over a mountain flanked by a balance scale and a lance or staff, with decorative indigenous motifs below, all rendered in a simplified, low-relief engraving style. The circular legend MONEDA PROVISIONAL runs along the left and right periphery, while the denomination 2 PESOS is inscribed along the lower rim. The overall design reflects the emergency provisional character of this revolutionary-period issue.
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Mint Oaxaca Mint
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Additional information

Oaxaca's Revolutionary currency was issued under the authority of General Benjamín Mújica and the Soberana Convención, operating in defiance of Carranza's Constitutionalist government. The state struck its own silver coinage partly because the wider Mexican monetary system had effectively collapsed under the pressure of competing revolutionary factions — Villistas, Zapatistas, and Carrancistas each issuing their own paper and coin, much of it refused at gunpoint in rival-held territory.

The Oaxacan series was minted in multiple denominations and is notable for its crude workmanship relative to federal issues — a direct consequence of improvised facilities and interrupted silver supply chains during 1915.

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