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10 Centavos de Córdoba
| Issuer | Banco Nacional de Nicaragua |
|---|---|
| Year | 1938 |
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| Composition | Paper |
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| Obverse description | Black on green underprint. An oval vignette at left contains an allegorical portrait of Liberty, a laureate female figure in three-quarter view. The denomination numeral '10' appears in each corner, with a large guilloche-framed numeral at center-right flanked by intricate lathe-work. Legal tender text and the promise-to-pay clause are printed in two blocks of small letterpress text, with two manuscript signature lines above the bold legend 'VALE POR DIEZ CENTAVOS DE CÓRDOBA'. The series date 'SERIE DE 1938' appears vertically at right, and the serial number is printed in a guilloche band along the lower portion. |
|---|---|
| Obverse lettering | NATIONAL BANK OF NICARAGUA INCORPORATED BANCO NACIONAL DE NICARAGUA 10 ESTE BILLETE HA SIDO EMITIDO DE CONFORMIDAD CON LA LEY DE 20 DE MARZO DE 1912 Y SUS ENMIENDAS. SERÁ RECIBIDO EN PAGO DE LOS DERECHOS ADUANEROS Y FISCALES Y SERÁ DE CURSO LEGAL Y OBLIGATORIO PARA EL PAGO DE DEUDAS DENTRO DE LA REPUBLICA. VALE POR DIEZ CENTAVOS DE CÓRDOBA DE CONFORMIDAD CON LA LEY DE 20 DE MARZO DE 1912 Y SUS ENMIENDAS Y BAJO LAS CONDICIONES QUE ESAS LEYES PRESCRIBEN EL "NATIONAL BANK OF NICARAGUA INCORPORATED". PAGARÁ A LA VISTA AL PORTADOR DE ESTE BILLETE DIEZ CENTAVOS DE CÓRDOBA. SERIE DE 1938 Hamilton Bank Note N.Y. (Translation: National Bank of Nicaragua Incorporated National Bank of Nicaragua 10 This note has been issued in accordance with the Law of March 20, 1912 and its amendments. It will be received in payment of customs and fiscal duties and will be legal and mandatory tender for the payment of debts within the Republic. Worth Ten Centavos de Córdoba in accordance with the Law of March 20, 1912 and its amendments and under the conditions that these laws prescribe, the "National Bank of Nicaragua Incorporated" will pay to the bearer of this note Ten Centavos de Córdoba on demand. Series 1938 Hamilton Bank Note N.Y.) |
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| Comments |
The Banco Nacional de Nicaragua occupied an unusual institutional position — simultaneously functioning as the country's central bank and a commercial lending operation well into the mid-twentieth century. This 10 Centavos fractional note was issued during a period when Nicaragua's coinage supply was persistently inadequate for small transactions, forcing the bank to paper over the gap with low-denomination notes that most central banks would never have bothered printing.
Hamilton Bank Note Company handled a substantial share of Latin American security printing during this period, though they remain considerably less documented in philatelic literature than contemporaries like American Bank Note or Waterlow.