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Mexican El Estado de Chihuahua 1914 one Peso Banknote

Description: As you may know, I have collected Stamps, Coins, Various Religious and Cultural items for over 50 years. Most of my coins and currency were bought from reputable dealers in Kentucky, California, and New York in the 1980s and 1990s when I was most into collecting coins and Religious items. Most were bought, some were gifts. I have shared most of my collections / accumulations with friends over the years. Now I am in my early 80s, I have decided to continue sharing my various collections with others through eBay. Part of my eBay sales go to charity. The history of Chihuahua and revolutionary times is quite interesting. On 12 December 1913, four days after capturing Chihuahua, Poncho Villa decreed the founding of his own bank, El Banco del Estado de Chihuahua. According to the decree, the bank would have a capital of ten million pesos. It would take over control of all the notes issued on a temporary basis by the Tesorería del Estado (the sábanas) and intended to issue ten million pesos in paper currency, to be backed by an equal sum in gold, silver and copper coinage. As this might not have inspired sufficient confidence, a fourth clause was added to the decree, as an afterthought, stating that to begin with the notes would be guaranteed by the estates confiscated from the enemies of the revolution. The bank was to carry out all the usual banking functions, including making loans on property, especially to poorer farmers who needed funds to work their lands, but it was also envisaged as a bank of issue for notes and coins. On 2 January 1914 Associated Press reported that one of the purposes of Villa’s visit to Ciudad Juárez was to establish a state bank to handle Constitutionalist money. He had bought $100,000 in silver bullion and intended to make the bank the depository for rebel funds. It was reported that Villa was talking to El Paso bankers to try to induce them to assist in establishing a state bank in the city of Chihuahua which would handle all of the funds of the Constitutionalist state government. Combine shipping if you’re buying multiple items. All you need to do is add the items you want to buy to your Cart, and you’ll see the combined total at checkout. Everything I am selling is guaranteed as described. I give a full, 30 day return on all my items. Thank you for looking!

Price: 9.75 USD

Location: Saint Louis, Missouri

End Time: 2025-01-19T17:10:50.000Z

Shipping Cost: 8 USD

Product Images

Mexican El Estado de Chihuahua 1914 one Peso BanknoteMexican El Estado de Chihuahua 1914 one Peso Banknote

Item Specifics

Restocking Fee: No

Return shipping will be paid by: Seller

All returns accepted: Returns Accepted

Item must be returned within: 30 Days

Refund will be given as: Money Back

Circulated/Uncirculated: Circulated

Type: Banknotes

Year: 1914

Country: Mexico

Grade: Ungraded

Country/Region of Manufacture: Mexico

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