

This is an exceptional example of a Mexican Revolutionary emergency currency issued by the Division del Bravo on January 8, 1914, from Monterrey. The note features a striking central eagle design with spread wings on the front in beige and red, while the reverse displays ornate baroque-style flourishes and a central medallion. In VF condition, the note displays appropriate aging with creasing and circulation wear, multiple handwritten signatures, and heavy foxing consistent with a 110-year-old revolutionary scrip note.
Common. While Division del Bravo notes from 1914 are from a specific military issuer and time period, they were produced in substantial quantities to facilitate military operations in northern Mexico. The specific Pick catalog listing (P-S937) and the availability of multiple examples in the collector market indicate this denomination and issue were not short-lived or severely limited. Revolutionary emergency currency from this period, while historically significant, generally remains accessible to collectors at modest valuations.
This banknote was issued during the Mexican Revolution by the Division del Bravo, a military faction aligned with the Constitutionalist Army, as evidenced by the 'EJERCITO CONSTITUCIONALIS OROZOSA' inscription on the reverse. The note's declarations of 'ESTABILIDAD CONSTITUCIONAL' and 'LA NACION PAGARA' (The Nation Will Pay) reflect the provisional military government's attempt to establish financial legitimacy during a period of civil conflict. The January 1914 date places this issue during the height of revolutionary turmoil, when various regional military commands issued their own currency to facilitate operations.
The front design centers on a majestic eagle with fully spread wings, a traditional symbol of Mexican sovereignty that draws from the national coat of arms. The eagle is rendered in black line work against the beige background, flanked by ornamental cartouches containing the denomination '$1' in the upper right and lower left corners. The note employs a classical decorative border with geometric patterns in black and red inks. Three signature lines appear below the eagle, representing the Finance Chief, General in Chief, and State Governor—reflecting the military governance structure. The reverse showcases elaborate baroque-style ornamental flourishes in red/pink ink, with a prominent central circular seal or medallion surrounded by intricate scrollwork and heraldic elements. The symmetrical design demonstrates skilled engraving work despite the emergency nature of the issue. The heavy postmark visible in the center suggests postal or government handling verification.
FRONT SIDE: 'REPUBLICA MEXICANA' (Mexican Republic), 'DIVISION DEL BRAVO' (Division of the Bravo), 'LA NACION PAGARA' (The Nation Will Pay), 'CUARTEL GENERAL' (General Headquarters), 'UN PESO' (One Peso), 'al Portador MONTERREY' (To Bearer Monterrey), 'a 8 de Enero de 1914' (January 8, 1914), 'EL JEFE DE HACIENDA' (The Finance Chief), 'EL GENERAL EN JEFE' (The General in Chief), 'EL GOBERNADOR DEL ESTADO' (The State Governor), 'No 36781' (Serial Number 36781), 'Serie C. C.' (Series C.C.). REVERSE SIDE: 'ESTABILIDAD CONSTITUCIONAL' (Constitutional Stability), 'EJERCITO CONSTITUCIONALIS OROZOSA' (Constitutionalist Army Orozosa), 'ESTADO LIBRE' (Free State), 'MONTERREY' (Monterrey), 'DE JUNUERO LEON' (Of January Leon), 'DE HACIENDA' (Of Finance), 'FRACTO NACION LIBRE' (Free Nation Fraction).
This note was produced using letterpress/relief printing, evidenced by the sharp line work of the eagle and border designs, the crisp registration of the black and red inks, and the characteristic deep impression visible on the reverse. The ornamental designs show the hallmarks of traditional engraved steel plates, particularly in the baroque scrollwork on the reverse side. This was standard for Mexican currency production during the Revolutionary period, utilizing techniques common to both official and emergency military printing operations.
Series C.C. with serial number 36781 identifies this as part of the first or early printing run. The three handwritten signatures visible on the front represent the authorization signatures of key military administrators in Monterrey. The 'al Portador' (to bearer) designation indicates this was negotiable currency. Collectors should note that variation exists in signature combinations and series designations across the Division del Bravo 1 peso issue; specific signature combinations may have different scarcity levels within the series.