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2 Pesos Provisional Government, Unfinished Lapels

Issuer State of Oaxaca
Year 1915
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Value 2 Pesos
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Obverse description Left-facing bust of Benito Juárez rendered in low relief, depicting him in civilian dress with notably unfinished lapel detail on the jacket — a distinguishing variety characteristic. The portrait occupies the central field, with the circumscribed legend ESTADO L. Y S. DE OAXACA arcing along the upper periphery, flanked by small five-pointed stars at the lower left and right. The date 1915 appears in the lower exergual area beneath the bust.
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Reverse script Latin
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Oaxaca's provisional coinage of 1915 was issued under the authority of Governor José Inés Dávila, who aligned the state with the Constitutionalist cause while maintaining a degree of regional autonomy that made centralized monetary control impractical. The coins were struck locally, and the minting infrastructure was crude enough that die preparation was inconsistently executed — hence the "Unfinished Lapels" variety, a recognized die state in which the collar detail on the principal figure was never fully cut.

The .902 silver specification mirrors the traditional Mexican monetary standard, a deliberate signal of legitimacy during a period when revolutionary scrip was widely distrusted. KM# 702 catalogs the type broadly; Guthrie-Buttrey 352 distinguishes this specific die state.

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