Catalog
10 Pesos
| Issuer | Tesoro Nacional de Nicaragua |
|---|---|
| Year | 1910 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1878-1912) |
| Composition | Log in to see details |
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| Obverse description | Black and red on multicolour underprint. A vignette at left shows a woman and child, while a portrait of Christopher Columbus occupies the right. Three manuscript signatures appear below the central text panel, with order numbers printed in red and Series D designation. |
|---|---|
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| Variants | P#46a - signature at center: José Madriz P#46b - signature at center: Juan J. Estrada |
| Comments |
The Tesoro Nacional notes of this period were issued directly by Nicaragua's national treasury rather than through a chartered bank — an arrangement that reflected the country's persistent difficulty in maintaining a stable private banking sector in the early twentieth century. The American Bank Note Company held a near-monopoly on Central American government printing work at this time, and the Nicaraguan treasury series was among several contracts awarded during a period of heavy U.S. financial intervention in the region.
Nicaragua's 1911 Knox-Castrillo Treaty, negotiated with Washington just a year after this note's issue, effectively handed customs revenue collection to American agents as collateral against foreign loans — making these treasury notes among the last issued under fully independent Nicaraguan fiscal authority.