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20 Pesos Gobierno Provisional de Mexico

Issuer Veracruz, State of
Year 1914
Type Local banknote
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Obverse description Black letterpress on brown underprint with red serial numbers. A seated Liberty vignette occupies the left panel, the figure holding a plaque in her right hand and an olive branch in her left. At centre, the Mexican national arms vignette shows an eagle clutching a serpent in its beak, perched on a nopal cactus rising from Lake Texcoco, with the twin volcanic peaks of Popocatepetl and Ixtaccihuatl rendered in the background.
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Reverse lettering ESTE BILLETE CIRCULARA DE ACUERDO CON EL DECRETO DE 19 DE SEPTIEMBRE DE 1914
(Translation: This bill will circulate in accordance with the decree of 19 September 1914.)
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Comments

Veracruz's 1914 provisional issues emerged from the administrative chaos following Huerta's coup and the subsequent fracturing of revolutionary authority across Mexican states. With the federal monetary system functionally collapsed, individual states and factions printed their own paper — this being one of dozens of competing regional emissions that circulated simultaneously, often at steep discounts against each other and against specie.

The S1110 series is reasonably well documented but counterfeiting was rampant among the 1914 provisionals generally, and authentication against known genuine examples is worthwhile before assigning high grade.

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