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El Estado de Michoacán $10 note

On 5 February 1915 General Gertrudis G. Sanchez authorised the issue of $5,000,000 to cover the costs of his administration and the war, supposedly guaranteed by all the state’s real estate and the product of intervened estates. This was to be in three denominations

$5 400,000 $2,000,000
$10 200,000 2,000,000
$50 20,000 1,000,000


As laid down in the decree the notes were to carry the signatures of the Governor and Comandante Militar, Gertrudis G. Sánchez, the Tesorero General, J. R. Cardenas and the Interventor, Gustavo Figueroa.

SanchezGertrudis G. Sánchez was born in Saltillo, Coahuila on 14 October 1883. He worked on the hacienda of Agua Nueva, where he gained the confidence of Francisco and Emilio Madero. He joined the Maderistas in 1911, and fought in Coahuila, and then in 1912 against the Zapatistas in Morelos and Guerrero.

When Madero was assassinated, he fought for the Constitutionalists in Guerrero and Michoacán, taking Morelia on 31 July 1914 and becoming governor and military commander of the state.

When Villa split with Carranza Sánchez first inclined towards the Conventionists but in the end stayed with Carranza. On 25 March 1915 he was fighting the Villistas around Tacámbaro when he was wounded in the leg. He had decided to leave for California but on was way was captured by Villista forces under General Alejo Mastache. He was taken to Huetamo, where on 25 April he was shot on the orders of Mastache.

 sig Sanchez

J. R. Cardenas

sig Cardenas

Gustavo Figueroa was a close supporter of Sánchez.

On 12 December 1915 he went to visit General Murguía, commander of the Segunda División del Noroeste, in Queréndaro with proposals that Sánchez would disown the Convention and support the Constitutionalist cause but would not recognise Carranza as Primer Jefe of the Ejército Revolucionario. Because of the last Murguía refused. Figueroa tried to arrange a meeting between the two generals to sort out their differences but Sánchez was unable to attendEl Pueblo, 10 April 1916.

sig Figueroa


Copies of the decree were sent by the Prefecto of Morelia to the Presidente Municipal on 22 February 1915AMMor, caja 29, exp. 61.

It appears that only the $10 note was produced before Sánchez was driven out at the beginning of March.

  series from to total
$10 A 1 123700 127,300 $1,237,000 includes numbers 06166 to 111479CNBanxico #5178


On 4 March the new Villista Governor, José I. Prieto, remarked that Sánchez had issued $1,237,000 and declared this issue null and void, on the grounds that to honour it would only deprive the state and enrich speculators.

Use in other states

However, these were used in neighbouring states. On 9 July 1915 when the Carrancistas arrived in Guanajuato, they put up notices that it was obligatory to accept notes of the Estado de Michoacán and of Obregon, which they had in large quantitiesCrispin Espinosa, Efemerides Guanajuatenses. They are also known with two revalidations from Guerrero.


Estado de Guerrero, Ayuntamiento Constitucional de Acapulco de Juarez, Distrito de Tair.

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