1914 Mexican Revolution 1 Peso Bank Note - Ejercito Constitutionalista de Mexico - Rarer 1914 Mexico One Peso Banknote - P#S523a

This listing is for the photographed 1914 Ejercito Constitutionalista de Mexico Revolutionary 1 Peso Note. Issued on March 30th, 1914. Series A Issue. Center design on obverse of the Mexican coat of arms. Reverse center design of a liberty cap. Extremely Fine (XF) grade/condition, minimal folds and signs of circulation. This note is a rarer issue of Mexican banknotes from this era of Mexican history. P#S523a (Pick Number S523a).

The Ejercito Constitutionalista was founded in 1913 after the assassination of President Francisco I. Madero by Victoriano Huerta who took power in Mexico. The group was founded by Venustiano Carranza and consisted of mostly intellectuals, middle-class urbanites, and liberals who sought to establish a democratic constitution that would benefit all Mexicans. They were aided by the United States due to their advocacy for a democratic government. They defeated the Mexican Federal Army under Huerta in 1914 and crafted the Mexican Constitution of 1917, which is still in place today. The group issued banknotes like these during the revolution to fund their war efforts without relying on foreign loans. They were issued to people as promissory notes, which would be redeemed to their full value once the constitutional order was restored. 

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1914 Mexican Revolution 1 Peso Bank Note - Ejercito Constitutionalista de Mexico - Rarer 1914 Mexico One Peso Banknote - P#S523a