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60 Pesos Provisional Government
| Issuer | State of Oaxaca |
|---|---|
| Year | 1916 |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Shape | Round |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | ESTADO L. Y S. DE OAXACA 60 PESOS ORO |
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| Reverse script | Latin |
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| Additional information |
The State of Oaxaca issued this coin during its period of formal secession from the Mexican federal government under Governor José Inés Dávila, who declared Oaxaca a sovereign entity in 1915 rather than submit to Carranza's Constitutionalist authority. The provisional government needed hard currency that its population would actually accept — paper money from any faction was being refused outright across much of southern Mexico by 1916.
The .859 fineness is notably below standard 22-karat gold, a consequence of working with whatever bullion the isolated state could source locally.