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5 Pesos La Tesoreria General del Estado de Oaxaca
| Issuer | Tesorería General del Estado de Oaxaca |
|---|---|
| Year | 1916 |
| Type | Log in to see details |
| Value | 5 Pesos |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Black letterpress on cream paper; a bust-length portrait vignette of Miguel Hidalgo y Costilla, the father of Mexican independence, occupies the left panel in fine line engraving. The right field carries the legal-tender declaration in flowing script lettering, with a violet oval official seal struck across the centre dividing line. The decree date appears in printed type at the foot of the text panel. |
| Reverse lettering | Este título de crédito es de circulación forzosa y tiene poder liberatorio ilimitado dentro del territorio del Estado de Oaxaca. Decreto de 10 de Marzo de 1916. (Translation: This credit title is of forced circulation and has unlimited legal-tender power within the territory of the State of Oaxaca. Decree of 10 March 1916.) |
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| Comments |
Oaxaca's state treasury issued its own paper currency during the revolutionary period when federal monetary authority had effectively collapsed. The Tesorería General notes emerged from a patchwork of regional emisiones — each Mexican state, and in some cases individual municipalities and military commanders, printing their own scrip to meet payroll and procurement needs when Carrancista, Villista, and Zapatista forces all claimed legitimacy over different territories simultaneously.
Oaxaca was particularly assertive in this regard. Governor José Inés Dávila declared the state "sovereign" in 1915, and the treasury emissions that followed were a direct extension of that political posture — local currency as administrative defiance.
P#S954 falls within the broader Pick S series cataloguing Mexican revolutionary state issues, a category notorious for forgeries and contemporary counterfeits produced during the period itself.