Catalog
1 Peso
| Issuer | Tesoro Nacional de Nicaragua |
|---|---|
| Year | 1910 |
| 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 | 1º DE ENERO DE 1910. REPÚBLICA DE NICARAGUA VALE POR 1 UN PESO QUE EL TESORO NACIONAL RECIBIRÁ EN CALIDAD DE MONEDA DE CURSO LEGAL. American Bank Note Co., New York (Translation: January 1st, 1910. Republic of Nicaragua. Worth 1 One Peso which the National Treasury will receive as legal tender currency. American Bank Note Co., New York) |
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| Variants | P#44a - signature at center: José Madriz P#44b - signature at center: Juan J. Estrada |
| Comments |
The Tesoro Nacional de Nicaragua — the National Treasury rather than a central bank — issued directly, which was not uncommon in Central America at the turn of the century when formal banking infrastructure was thin. ABNC supplied the plates and printed the series in New York, as they did for a substantial portion of Caribbean and Central American fiscal paper during this period.
Nicaragua was navigating acute financial instability in 1910, the same year the Zelaya regime collapsed under combined internal and U.S. pressure. Notes of this treasury series circulated through a chaotic transition, which did little to help preservation rates.