Catalog
10 Pesos
| Issuer | Tesoro Nacional de Nicaragua |
|---|---|
| Year | 1910 |
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| Composition | Paper |
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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. |
|---|---|
| Obverse lettering | REPÚBLICA DE NICARAGUA VALE POR 10 DIEZ PESOS 1º DE ENERO DE 1910. QUE EL TESORO NACIONAL RECIBIRÁ EN CALIDAD DE MONEDA DE CURSO LEGAL. SERIE D American Bank Note Co., New York (Translation: Republic of Nicaragua Value of 10 Ten Pesos January 1st, 1910 Which The National Treasury will receive as legal currency. Series D American Bank Note Company, New York) |
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| 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.