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5 Pesos Ejército Constitucionalista de México

Issuer Ejército Constitucionalista de México (State of Chihuahua)
Year 1914
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Currency Peso (1913-1915)
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Obverse lettering Ejército Constitucionalista de México Vale por 5 Pesos Primer Jefe Ejercito Constitucionalista de Mexico Que la Tesorería recibirá y pagará de acuerdo con el decreto de 12 de Febrero de 1914 Chihuahua, 30 de Marzo de 1914
(Translation: Constitutionalist Army of Mexico Voucher for 5 Pesos First Chief Constitutionalist Army of Mexico That the Treasury will receive and pay in accordance with the decree of February 12, 1914 Chihuahua, March 30, 1914)
Reverse description Printed entirely in green with a red overprint seal at upper left. An elaborate guilloche border frames the note, with the numeral "5" repeated at both sides and the words "CINCO PESOS" and "PESOS" interspersed throughout the design. At centre, a circular vignette contains a Phrygian liberty cap radiating rays, inscribed "LIBERTAD", set within a decorative surround of fine lathe-work.
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Comments

The Constitutionalist Army under Venustiano Carranza issued its own currency during the Mexican Revolution as a practical military necessity — federal Huertista notes were being refused, and the northern campaigns needed a functioning medium of exchange across Chihuahua and Sonora. These notes were printed locally under field conditions rather than by an established security printer, which is why paper quality and registration consistency vary considerably across surviving examples in this series.

P-S524 is among the more common Constitutionalist types, but heavy circulation and the subsequent 1916 currency decree — which invalidated enormous quantities of revolutionary paper — mean genuinely uncirculated survivors are uncommon.

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