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1 Peso

Uitgever Tesorería General de Nicaragua
Jaar 1896
Type Standard circulation banknote
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Beschrijving keerzijde Printed entirely in red, the reverse comprises an intricate guilloche network with large stylized 'M' monogram medallions at left and right, and a central rosette guilloche. The denomination 'UNO' appears repeatedly in the border panels. A two-line oval stamp reading 'TESORERÍA GENERAL — NICARAGUA' is applied in blue-black ink over the center, accompanied by a secondary 'Registrado' notation with a folio number. The printer's imprint 'American Bank Note Company, New York' appears at the lower center.
Opschrift keerzijde BANCO AGRÍCOLA MERCANTIL UNO UNO UNO UNO American Bank Note Company, New York
Overstamp: TESORERÍA GENERAL NICARAGUA Registrado
(Translation: Mercantile Agricultural Bank One One One One American Bank Note Company, New York / Overstamp: General Treasury Nicaragua Registered)
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Opmerkingen

The Tesorería General de Nicaragua occupied an unusual position — a government treasury office issuing currency directly rather than through a chartered bank, a workaround common in Central American states where banking infrastructure remained underdeveloped and foreign concessions complicated matters. This 1896 peso is an overprint on stock originally prepared for the Banco Agrícola Mercantil, which never fully established itself as a functioning note-issuing institution. Rather than waste engraved ABNC plates and printed sheets, the treasury simply overstamped existing inventory.

The Banco Agrícola Mercantil base notes are scarce without the overprint. Surviving examples with it are not common either, given Nicaragua's turbulent monetary history through the late 1890s and early 1900s.