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50 Centavos Estado Libre y Soberano de Mexico
| Issuer | Estado Libre y Soberano de Mexico |
|---|---|
| Year | 1915 |
| Type | Local banknote |
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|---|---|
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| Reverse description | Red letterpress with a blue seal. A central vignette of the Executive Palace of Toluca is flanked on either side by the note's denomination value. A text panel below carries the legal tender decree reference establishing the note's forced circulation status. |
| Reverse lettering | Este billete es de circulacion forzo- sa, por estar garantizado su importe, conforme al decreto num 4 de 1º. de Marzo 1915 (Translation: This ticket is of forced circulation, as its amount is guaranteed, in accordance with decree number 4 of 1st of March 1915) |
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| Comments |
The "Estado Libre y Soberano" issues of 1915 emerged from the near-total collapse of centralized monetary authority during the Mexican Revolution. With Constitutionalist and Conventionist factions each printing their own competing currency, individual states stepped in to fill the vacuum — Guerrero, Oaxaca, and others produced emergency fractional notes that were often rejected outright by merchants in neighboring territories.
The S-prefix in the Pick reference signals this is catalogued among the Mexican revolutionary state issues, a notoriously complex group where forgeries and contemporary counterfeits both circulated freely alongside genuine examples.