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50 Pesos El Estado de Chihuahua

Issuer State of Chihuahua
Year 1914
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Size 186 × 78 mm
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Obverse description Printed in black and green with red serial numbers, the obverse carries portrait vignettes of Francisco I. Madero at left and Abraham González Casavantes at right, framed by ornamental guilloche work. The central field bears the principal text inscription in letterpress, with the denomination CINCUENTA PESOS appearing in large characters. The overall composition is consistent with the lithographic output of the Maverick-Clarke firm.
Obverse lettering EL ESTADO DE CHIHUAHUA PAGARA AL PORTADOR, EN EFECTIVO CINCUENTA PESOS, CONFORME AL DECRETO MILITAR DE FECHA 10 DE FEBRERO DE 1914 CHIHUAHUA, CHIHUAHUA, MEXICO. CINCUENTA PESOS
(Translation: The State of Chihuahua will pay to the bearer in cash Fifty Pesos according to the military decree dated 10 February 1914)
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Comments

Chihuahua's state government issued its own paper money during the Revolution because the federal monetary system had effectively collapsed — Villista forces controlled the north, and the state needed a workable circulating medium regardless of who held Mexico City. Two separate American firms handled production: Maverick-Clarke in San Antonio printed part of the series while Norris Peters in Washington handled additional runs, which occasionally produces subtle differences in ink density and registration between otherwise identical notes.

The split contract across two printers is the detail worth watching here.

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