1915-16 Mexico General Tesoreria del Estado de Oaxaca 20 Pesos PMG Choice AU55

Note Details:

• Country: Mexico
• Issued By: Tesorería General del Estado de Oaxaca (Treasury of the State of Oaxaca)
• Denomination: 20 Pesos
• Year of Issue: 1915-16
• Catalog Number: This note is not part of the general national currency but is from a state-issued series during the Mexican Revolution.
• Grade: PMG Choice About New 55
  • Choice About New (AU55): This grade indicates the note is in excellent condition, with only light folds or handling marks. The note remains very well preserved with crisp paper, and the design is still clear and vibrant.
  • PMG: Exceptional Paper Quality (EPQ) means the note maintains its original freshness with no significant flaws that affect its visual appeal or collectibility.

Design Features:

1. Obverse (Front):
   • Features text in Spanish that identifies the note as issued by the Tesorería General del Estado de Oaxaca.
   • The design incorporates elements of Mexico’s revolutionary-era style, such as symbolic motifs or vignettes that represent the strength of the state of Oaxaca and the revolutionary government.
   • The denomination 20 Pesos is prominently displayed, with additional details and borders reflecting the era’s engraving style.
2. Reverse (Back):
   • The reverse often features ornate patterns or additional symbolic elements like shields, eagle motifs, or national symbols representative of the Mexican Revolution.
   • Like many revolutionary-era banknotes, these state-issued notes include security features such as intricate designs to prevent counterfeiting.

Historical Context:

• The 1915-16 Mexican Revolution was a period of intense internal conflict between various revolutionary factions, which included leaders like Pancho Villa, Emiliano Zapata, and Venustiano Carranza.
• State-issued banknotes like this 20 Pesos from Oaxaca were part of the currency used during the period of civil war and revolution when the country’s centralized minting system was disrupted.
• These notes are considered emergency money (similar to war bonds) and were issued by local governments to fund revolutionary activities or provide monetary stability during a time of crisis.

Market Value:

• Estimated Value (PMG Choice About New 55):
  • A Choice About New (AU55) example of the 1915-16 Oaxaca 20 Pesos in this grade would generally sell for between $500 to $1,000 or more, depending on the specific demand for Mexican Revolutionary banknotes and the condition of the note.
  • Premiums can be expected for notes with higher grades (such as UNC or Gem UNC), while notes with deterioration or major flaws may fetch lower values.

Collector Appeal:

1. Historical Significance:
   • This note is an excellent example of revolutionary-era currency from Mexico. Collectors who specialize in revolutionary or regional banknotes find these types of issues particularly appealing.
2. Rarity and Limited Availability:
   • Notes from state-issued series, particularly those from regions like Oaxaca, are considered scarce and are often much rarer than central government-issued currency from the same period.
3. Condition:
   • The AU55 grade indicates that this note is in great shape for its age. PMG-certified notes typically attract premium prices due to their authentication and preservation.