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20 Pesos República Mexicana - Gobierno Constitucionalista

Issuer Gobierno Constitucionalista de México
Year 1915
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Currency Peso (1863-1992)
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Obverse lettering REPÚBLICA MEXICANA GOBIERNO CONSTITUCIONALISTA 20 VEINTE PESOS
(Translation: Mexican Republic Constitutionalist Government Twenty Pesos)
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Reverse lettering REPÚBLICA MEXICANA ESTE BILLETE CIRCULARÁ CONFORME AL DECRETO DE 21 DE JULIO DE 1915.
(Translation: Mexican Republic This bill will circulate according to the decree of 21 July 1915)
AMERICAN BANK NOTE COMPANY
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Comments

The Constitutionalist government under Carranza ordered enormous quantities of paper currency from American Bank Note Company during 1915, a year when revolutionary factions were each printing their own money and Mexicans had little choice but to accept whatever note a local commander insisted upon. This series was legitimate by Constitutionalist standards but treated with deep suspicion in territory controlled by Villistas or Zapatistas — in some regions, presenting the wrong faction's paper could be genuinely dangerous.

William Adolph's engraving work for ABNC was meticulous, wasted here on notes that often circulated hard and fast through a war economy with no stable exchange rate beneath them.

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