Chihuahua, Mexico 50 Peso Note

Name/Title

Chihuahua, Mexico 50 Peso Note

Description

50 Peso note issued by the State of Chihuahua, during the time of the Mexican revolution.

Use

During the Mexican Revolution, Pancho Villa as governor of Chihuahua established the Bank of the State of Chihuahua by decree on December 12, 1913, with the idea of supporting land reform in Chihuahua by lending money to farmers, ranchers, and small entrepreneurs at reasonable rates of interest. The Bank never began operation as intended, but instead became a holding company for confiscated lands and assets of the aristocracy. No formal issuance of the notes occurred, but a few examples made their way into circulation in 1915, being used by local militia leaders to pay their troops. This is a superb example of the iconography of currency, perfectly embodying the political spirit of those authorizing its issue.

Made/Created

Bureau

American Bank Note Company

Date made

1913

Time Period

20th Century, 1910’s

Place of Origin

State/Province

Chihuahua

Country

Mexico

Continent

North America

Banknote Details

Banknote Type

Revolutionary Banknote

Currency

Mexican Peso

Denomination

50 pesos

Issuing Authority

Bank of the State of Chihuahua

Serial Number

18611

Obverse

Description

Steam locomotive and train stopped at a train station in the center, "50" on either side

Transcription

EL BANCO DEL ESTADO DE CHIHUAHUA PAGARA AL PORTADOR EN EFECTIVO SEGUN DECRETO DEL 12 DE DICIEMBRE DE MIL NOVECIENTOS TRECE. CINCUENTA PESOS VALOR ORO NACIONAL

Translation

The Bank of the State of Chihuahua will pay to the holder in cash according to the decree of the 12th of December of 1913 50 pesos in value of National gold

Reverse

Description

Design entirely in orange; center design Mexican national symbol of an eagle holding a snake in its beak, perched on a cactus.

Transcription

BANCO DEL ESTADO DE CHIHUAHUA

Translation

Bank of the State of Chihuahua

Inscription/Signature/Marks

There are three places for signatures; the Interventor del Gobierno (Controller of the Government), Cajero (Checker, Cashier), and the Gerente (Manager). Only the Cajero signature is present, appears to be E. S....(?) The Note also has an ink stamp in the center of the reverse, with the letter A in the center, and the words, "Lobby Cafe No. 2" then other words that are not legible. The Lobby Cafe No. 2 was a cafe and night club in Juarez, Chihuahua, Mexico.

Dimensions

Height

3.25 cm

Length

7 cm