Catalog
50 Centavos El Estado de Chihuahua
| Issuer | Tesorería General del Estado de Chihuahua |
|---|---|
| Year | 1914 |
| Type | Local banknote |
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| Obverse description | Printed in blue, the note is laid out with a central text panel flanked by two vertical side panels, each carrying the denomination numeral '50' within a ruled frame and decorative star-filled border. The central panel bears the issuing authority title in bold display lettering above the promise-to-pay text, with the denomination spelled out in large letters within a guilloche-bordered band at centre. Red serial number and control letter appear on the left side panel, with a circular official ink stamp applied at right of centre. Two manuscript signatures appear at the foot of the central panel above the printed titles of the Tesorero General del Estado and the Interventor, with a red control overprint to their right. |
|---|---|
| Obverse lettering | CINCUENTA CENTAVOS 50 EL ESTADO DE CHIHUAHUA PAGARA AL PORTADOR EN EFECTIVO CINCUENTA CENTAVOS CONFORME AL DECRETO MILITAR DE FECHA 10 DE FEBRERO DE 1914 CHIHUAHUA, CHIHUAHUA, MEXICO. (Translation: Fifty Cents The State of Chihuahua will pay to the bearer in cash Fifty Cents conforming to the military decree dated 10 February 1914.) |
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| Comments |
Chihuahua's state treasury issued this note during the period when the state effectively functioned as an autonomous financial zone under Villista control. With federal currency unreliable and Constitutionalist forces needing to pay troops and suppliers, Chihuahua — and several other northern states — issued their own paper in quantities that varied wildly in quality and backing.
The S-prefix in the Pick catalogue places this firmly in the Mexican Revolutionary emergency issues, a category notorious for counterfeits both contemporary and modern. The 1914 Chihuahua fractional notes in particular circulated hard and were frequently reproduced by rival factions to destabilize purchasing power in Villista-held territory.