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50 Pesos Obligación Provisional del Erario Federal
| Issuer | Tesorería de la Federación, México |
|---|---|
| Year | 1914 |
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| Printer | México Oficina del Gobierno |
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| Obverse description | Black letterpress text on an orange guilloche underprint, with a red serial number and a red official seal at right. To the left, the Mexican national arms vignette shows an eagle perched atop a cactus, clutching a serpent in its beak. The note carries the series letter D in red and is dated Mexico, July 25, 1914, with printed signature lines for the Tesorero and Subtesorero Contador. |
|---|---|
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| Reverse lettering | Esta Obligación es de admisión obligatoria en toda la República y en toda clase de pagos, y en consecuencia, es de poder liberatorio en cantidad ilimitada para cualquiera clase de obligaciones, incluso el pago de impuestos de la Federación, de los Estados y de los Municipios. (Translation: This obligation is of obligatory admission throughout the Republic and in all kinds of payments, and consequently, it is of unlimited liberating power for any kind of obligations, including the payment of Federal, State and municipal taxes.) |
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| Comments |
The Obligaciones Provisionales del Erario Federal were authorized by Victoriano Huerta's government in early 1914 as the regime's finances collapsed under the strain of the Revolution. Printed domestically by the Oficina del Gobierno in Mexico City rather than abroad, they reflect the practical impossibility of contracting foreign security printers during active military insurrection. The Constitutionalist forces under Carranza explicitly refused to recognize Huerta's paper, meaning these notes were rejected across large portions of the country from the moment of issue.
Huerta fell in July 1914, and redemption of these obligations was never seriously organized. The series is catalogued under the Tesorería de la Federación rather than any central bank, underscoring their emergency fiscal character rather than formal monetary issuance.