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5 Pesos El Estado de Chihuahua

Issuer State of Chihuahua
Year 1914-1915
Type Local banknote
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Obverse lettering EL ESTADO DE CHIHUAHUA PAGARA AL PORTADOR EN EFECTIVO CINCO PESOS, CONFORME AL DECRETO MILITAR DE FECHA 10 DE FEBRERO DE 1914 CHIHUAHUA, CHIHUAHUA, MEXICO. CINCO PESOS
(Translation: The State of Chihuahua will pay to the bearer in cash Five Pesos according to the military decree dated 10 February 1914)
Reverse description Printed in red with black control numbers, letters, and seal; the central vignette presents an exterior view of the Government Palace of Chihuahua city, flanked on either side by heraldic griffons. The overall composition is framed by a guilloche border typical of the period.
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Comments

Chihuahua's wartime paper issues are among the more politically charged of the entire Mexican Revolutionary period. Governor Manuel Chao — operating under Pancho Villa's authority — authorized this series as the División del Norte consolidated control over the state, and the notes circulated in a region where competing revolutionary factions each issued their own currency, rendering interchangeability and acceptance entirely dependent on military outcomes.

Norris Peters Co. was a Washington engraving and printing house better known for government document work, an unusual but not unprecedented choice for a Mexican state desperate for a credible foreign-printed issue. The arrangement reflected Villa's pragmatic strategy of projecting institutional legitimacy through production quality.

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