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50 Centavos La Tesoreria de la Federacion, Saltillo

Issuer La Tesoreria de la Federacion, Saltillo (State of Coahuila)
Year 1914
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Value 50 Centavos (0.50 MXP)
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Obverse lettering No. (serial number in red) La Tesoreria de la Federacion Pagara cincuenta centavos al portador en moneda de plata a la vista del cuno mexicano Saltillo coah. enero 27 de 1914 El jefe de las armas El gobernador del estado El jefe Hacienda Serie D - C. (red) Black on dull purple underprint
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Reverse lettering ESTE BILLETE ES DE CIRCULACION FORZOSA EN TODO EL ESTADO SALTILLO, COAH. ENERO 27 DE 1914
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Comments

Saltillo's 1914 federally-branded notes occupy an odd category in Mexican revolutionary finance. La Tesorería de la Federación was the Huerta government's fiscal apparatus, but by mid-1914 Huerta's administration was collapsing under Constitutionalist military pressure from exactly the region where these notes circulated — Coahuila was Venustiano Carranza's home state and the heartland of the opposition.

Whether these saw meaningful circulation before the Constitutionalists swept through is doubtful. Notes issued under Huerta's treasury name in hostile territory were routinely repudiated and destroyed.

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