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| 正面描述 | Printed in red, blue, and orange over a blue underprint, the obverse bears a vignette of the Zapotec Princess Donají at left, with red serial numbers. The main text block carries the treasury obligation legend in Spanish, including denomination, issuing authority, and a date of 10 November 1915. |
|---|---|
| 正面铭文 | LA TESORERIA GENERAL DEL ESTADO DE OAXACA Pagará CINCUENTA PESOS al portador en efectivo. Oaxaca de Juárez, 10 de Noviembre de 1915. (Translation: The General Treasury of the State of Oaxaca will pay Fifty Pesos to the bearer in cash. Oaxaca de Juarez, 10 November 1915) |
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Oaxaca's state treasury began issuing its own currency in 1915 because the national supply of coin and federal paper had effectively collapsed under the competing pressures of Villista, Carrancista, and Constitutionalist forces fighting across Mexico. The Tesorería General del Estado de Oaxaca was not a bank — it was a fiscal administrative body pressed into an emergency monetary role, and these notes reflect that improvised origin.
The S960 series is among the more straightforward of the Oaxacan state emissions, but forgeries circulated almost immediately. Genuine examples typically show consistent letterpress impression; suspect copies often reveal uneven ink density across the serial numbering.