1915 Mexican Revolution 5 Pesos Sonora Note - El Estado de Sonora - Decree No. 13 - 1915 Mexico Hermosillo Five Peso Banknote - P#S1072

This listing is for the photographed 1915 Mexican Revolution El Estado de Sonora 5 Pesos Note. Series J. Issued on January 1st, 1915, in Hermosillo, Sonora, Mexico at the height of the Mexican Revolution. These notes were issued conforming to Decree Number 13, dated August 27th, 1913. The obverse of this note depicts a portrait of Francesco I. Madero on the left end, and a portrait of J.M. Pino Suarez on the right end. The reverse of this note shows the Mexican coat of arms at the center and a red stamp, adding to its authenticity. Fine (F) grade / condition, visible folds and other signs of circulation due to age. This note is 110 years old this year! Excellent note for any collection! P#S1072 (Pick Number S1072).

During the Mexican Revolution (1910-1920), the economy of the nation and the practice of issuing banknotes was highly fragmented and decentralized due to the chaos of the political upheaval of the decade. Several different factions, or states, which were led by revolutionary leaders would issue their own currency to be circulated within their state, which lead to a chaotic and unstable monetary system within Mexico. The first banknotes of the Mexican Revolution were issued by the government of Francisco I. Madero in 1911.

In the State of Sonora (El Estado de Sonora), started the revolution circulating banknotes issued by the State of Chihuahua, which were first established by Madero in 1911. It wasn't until 1915, due to the popular practice of counterfeiting Chihuahua banknotes within the region, that the local government of Sonora decreed that they would issue their own banknotes. After this point, until the end of the Mexican Revolution period, the state would issue their own paper banknotes for circulation within their local economy. 

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1915 Mexican Revolution 5 Pesos Sonora Note - El Estado de Sonora - Decree No. 13 - 1915 Mexico Hermosillo Five Peso Banknote - P#S1072