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20 Pesos Gobierno Constitucionalista de Mexico

Issuer Gobierno Constitucionalista de México (Monclova, Coahuila)
Year 1913
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Value 20 Pesos (20 MXP)
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Obverse description Printed in dark blue-grey on white paper, the obverse is framed by an ornate guilloche border with large numeral '20' cartouches at each corner. The issuer title 'Gobierno Constitucionalista de México' is set in elaborate Gothic script across the upper portion, beneath which 'VALE POR' leads to the denomination 'VEINTE PESOS' in bold letterpress within a rectangular panel. The lower half carries handwritten-style cursive text referencing the Treasury and the Decree of 26 April 1913, with the place and date 'Monclova, Coah., 28 de mayo de 1913', a red serial number at lower left, 'Serie D' at lower right, and two manuscript signature lines with printed role designations for the Jefe del Departamento de Hacienda and the Tesorero General.
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Reverse description Printed entirely in green on white paper, the reverse is dominated by an intricate guilloche underprint of interlocking rosette and lattice patterns filling the central field. Large numeral '20' medallions occupy each lateral margin within scalloped cartouches, with the word 'VEINTE' inscribed above each. The issuer title 'GOBIERNO CONSTITUCIONALISTA DE MÉXICO' appears in two lines at the top, the denomination 'VEINTE PESOS' is set in bold letterpress within a central rectangular panel, and a two-line legal notice referencing the Decree of 26 April 1913 is placed at the foot.
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Comments

The Constitutionalist government under Venustiano Carranza began issuing its own currency from Monclova shortly after seizing control of Coahuila in early 1913, following Huerta's coup against Madero. These notes were essentially war financing instruments — printed quickly to pay troops and suppliers before the Constitutionalists had any stable revenue base or formal banking infrastructure.

The S629 series is among the earliest Carrancista emissions, predating the more organized infalsificable issues of 1914. Counterfeiting was a genuine operational problem almost immediately, and multiple Constitutionalist factions issued notes with overlapping designs and numbering, making authentication of surviving examples genuinely complicated.

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