MEXICO SONORA 1 peso 1915

$30.00

MEXICO, SONORA, 1 peso, 1.1.1915, Face: black on yellow, Madero portrait on left, Pino Suarez portrait on right, Back: green, arms, series C, P-S1071, JR-X Unc

Out of stock

SKU: 2205145401 Categories: ,

Description

For a few years during the Mexican Revolution states and some localities were on their own for a while and some agencies issued their own money.

For organizational purposes, banknote collectors tend to make a distinction between national issues and local issues. The Standard Catalog of World Paper Money has a volume dedicated to “specialized” issues, where about 20,000 items are listed. A “complete” catalog would likely have at least 10 times that number. The Standard Catalog numbers for “specialized” notes are designated P-S. There are special catalogs for various series such as German and Austrian notgeld, former Soviet Union, etc.

Paper money, meaning the promise of a government to pay a set amount, and the paper promise allowed to circulate at will, was probably first used in China in the 12th century AD. At that time the merchants and governments of Europe were just writing letters to each other about what they owed.