Catalog
1 Peso Banco de Nicaragua
| Issuer | Banco de Nicaragua |
|---|---|
| Year | 1889-1893 |
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| Value | Log in to see details |
| Currency | Peso (1878-1912) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO DE NICARAGUA Pagará al portador 1 PESO en moneda efectiva MANAGUA Waterlow & Sons Ltd. Londres, Inglaterra (Translation: The Bank of Nicaragua Will pay the bearer 1 Peso in effective currency Managua Waterlow & Sons Ltd. London, England) |
| Reverse description | Printed in dull red. The Nicaraguan Coat of Arms is centered within a guilloche surround, with numeral corner pieces and lathe-work border ornamentation visible despite the note's worn condition. |
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| Comments |
The Banco de Nicaragua was a private commercial institution operating under concession from the Nicaraguan government during the brief liberal reform period that followed the 1893 revolution — though this series predates that upheaval, placing it squarely in the more conservative Sacasa administration years. Waterlow & Sons handled a significant portion of Latin American private bank printing at this time, and the Banco de Nicaragua account was one of several Central American contracts they held concurrently.
The bank lost its concession following Zelaya's 1893 takeover, which cut the series short and left a portion of the print run unredeemed.