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| 裏面の説明 | 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. |
| 裏面の銘文 | TESORO NACIONAL - REPÚBLICA DE NICARAGUA 1 UN PESO Waterlow & Sons Limited, Londres, Inglaterra (Translation: National Treasury - Republic of Nicaragua One Peso Waterlow & Sons Limited, London, England) |
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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.