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1 Córdoba

Issuer National Bank of Nicaragua Incorporated (Banco Nacional de Nicaragua)
Year 1914-1918
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Value 1 Córdoba
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Obverse description Black intaglio printing on green guilloche underprint. Two portrait vignettes occupy the central axis: Cacique Nicarao at lower right and Francisco Hernández de Córdoba at left, both rendered with fine engraved detail against an elaborate scrollwork ground. Extensive bilingual Spanish and English text fills the central field, with the denomination numeral "1" set at upper left, and the imprint of Hamilton Bank Note Co., New York appearing at the base.
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Reverse description Printed entirely in green. The Nicaraguan Coat of Arms — a triangle enclosing a volcanic landscape beneath a rising sun — occupies the centre within an intricate guilloche design, flanked on each side by a large numeral "1" counter set in an ornate lathe-work oval. The bank title runs across the top in two lines, and the denomination "UN CÓRDOBA" appears within a decorative cartouche at the base, with the printer's imprint below.
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The Banco Nacional de Nicaragua Incorporated was a peculiar institution — chartered in the United States under Connecticut law in 1912 as part of the Knox-Castrillo Treaty arrangements, giving American financial interests direct control over Nicaraguan currency issuance. This note belongs to the first series issued under that arrangement, with Hamilton Bank Note Company handling production in New York, which was standard for dollar-zone client states in the early Bryan-Knox era of Caribbean fiscal supervision.

The 1914–1918 date range spans the outbreak of the Bryan-Chamorro Treaty, ratified in 1916, which deepened U.S. influence over Nicaraguan finances. Notes from the early end of this window are considerably scarcer than later printings.