Catalog
1 Peso
| Issuer | Tesoro Nacional de Nicaragua |
|---|---|
| Year | 1900 |
| Type | Log in to see details |
| Value | 1 Peso |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPÚBLICA DE NICARAGUA VALE POR UN PESO que el Tesoro Nacional recibirá en calidad de moneda de curso legal. 15 de Setiembre de 1900. Waterlow & Sons Ltd. Londres, Inglaterra (Translation: Republic of Nicaragua Value of One Peso Which The Nacional Treasury will receive as legal currency. September 15, 1900. Waterlow & Sons Ltd. London, England) |
| Reverse description | Printed in golden-brown on a cream ground, the reverse is dominated by an intricate guilloche latticework covering the entire field, with the Nicaragonian Coat of Arms as a central vignette enclosed within an ornate cartouche inscribed TESORO NACIONAL and REPÚBLICA DE NICARAGUA. Denomination panels reading UN PESO are set within elaborate engine-turned frames at left and right. The printer's imprint of Waterlow & Sons Limited, Londres, Inglaterra appears at the lower center. |
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| Comments |
Nicaragua's Tesoro Nacional — the national treasury — issued notes directly rather than through a central bank during this period, a reflection of the country's fragmented banking arrangements in the late nineteenth and early twentieth centuries. Waterlow & Sons handled a substantial share of Latin American fiscal printing at this time, and the 1 Peso falls within a series that predates the monetary reforms Nicaragua would undertake following the 1912 U.S. dollar intervention that effectively displaced the peso from large transactions.
Pick 29 is not common in any grade. Treasury-issued circulating notes of this denomination absorbed heavy use in daily commerce.