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25 Centavos Tesorería General del Estado

Issuer Tesorería General del Estado de Chihuahua
Year 1913
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Currency Peso (1913-1915)
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Obverse lettering SERIE O
TESORERIA GENERAL DEL ESTADO
EL PRESENTE ES VALIDO, AL PORTADOR, POR
25 CENTAVOS
Chihuahua, 10 de Diciembre de 1913
Gobernador Provisional del Estado,
GRAL. FRANCISCO VILLA
Tesorero General del Estado
Interventor
IMP. DEL GOBIERNO. CHIHUAHUA
(Translation: General State Treasury / The present is valid to the bearer for / 25 Centavos / Chihuahua, 10 December 1913 / Provisional Governor of the State / Gen. Francisco Villa / General State Treasurer / Comptroller / Chihuahua Government Printer)
Reverse description Largely unprinted paper with a single black circular official seal applied at the left, enclosing the Mexican national eagle coat of arms and surrounded by the legend "TESORERIA GENERAL DEL ESTADO CHIHUAHUA". The text "H-NST" is printed in black at centre-right of the otherwise blank field, and a double-ruled border frames the entire note.
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The Tesorería General del Estado de Chihuahua issued this note during one of the most turbulent stretches of the Mexican Revolution, when Chihuahua functioned as the operational and financial base for Villista forces. The state treasury was printing its own fractional currency because federal money had effectively ceased to function across large parts of northern Mexico — commercial confidence in Mexico City–issued paper had collapsed entirely.

Printed locally by the Imprenta del Gobierno, these small-denomination notes were essentially emergency scrip, designed to keep local commerce moving when coin had disappeared from circulation through hoarding. Fractional issues from this period are among the most frequently counterfeited of all Mexican Revolutionary notes, and contemporary fakes exist in the series.