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1 Córdoba

Issuer National Bank of Nicaragua Incorporated (Banco Nacional de Nicaragua)
Year 1934
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Shape Rectangular
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Obverse description Blue on multicolour underprint, with a central vignette of a female allegorical figure. The note belongs to the Series of 1932 and bears a diagonal red overprint reading REVALIDADO, applied to validate the note for continued circulation.
Obverse lettering NATIONAL BANK OF NICARAGUA INCORPORATED BANCO NACIONAL DE NICARAGUA SERIE DE 1932 1 VALE POR UN CÓRDOBA ESTE BILLETE HA SIDO EMITIDO DE CONFORMIDAD COM LA LEY DE 20 DE MARZO DE 1912 Y SUS ENMIENDAS. SERA RECIBIDO EN PAGO DE LOS DERECHOS ADUANEROS Y FISCALES Y SERÁ DE CURSO LEGAL Y OBLIGATORIO PARA EL PAGO DE DEUDAS DENTRO DE LA REPUBLICA. DE CONFORMIDAD CON LA LEY DE 20 DE MARZO DE 1912 Y SUS ENMIENDAS Y BAJO LAS CONDICIONES QUE ESAS LEYES PRESCRIBEN EL `NATIONAL BANK OF NICARAGUA INCORPORATED`. PAGARÁ A LA VISTA AL PORTADOR DE ESTE BILLETE UN CÓRDOBA. `REVALIDADO` AMERICAN BANK NOTE COMPANY
(Translation: National Bank of Nicaragua Incorporated National Bank of Nicaragua Series 1932 1 Worth for One Cordoba This note has been issued in accordance with the Law of March 20, 1912 and its amendments. It will be received in payment of customs and fiscal duties and will be legal tender and mandatory for the payment of debts within the Republic. In accordance with the Law of March 20, 1912 and its amendments and under the conditions that these laws prescribe the National Bank of Nicaragua Incorporated will pay on sight to the bearer of this note One Cordoba. Revalidated American Bank Note Company)
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The Banco Nacional de Nicaragua was a peculiar institution — incorporated in the United States under Connecticut law in 1912 and majority-owned by American banking interests until Nicaragua gradually reacquired control through the 1930s. This note falls squarely in that transitional period, when the bank was Nicaraguan in name but still operationally tied to New York, a relationship reflected in the ABNC contract that had supplied the series for years.

The 1934 date places this issue shortly after the assassination of Augusto Sandino and the consolidation of Somoza-aligned power — a moment of sharp political realignment that did nothing to interrupt the printing contracts already in place.