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10 Pesos Banco de Nicaragua
| Issuer | Banco de Nicaragua |
|---|---|
| Year | 1889-1890 |
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| Currency | Log in to see details |
| Composition | Paper |
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|---|---|
| Obverse lettering | EL BANCO DE NICARAGUA Pagará al portador en moneda efectiva DIEZ PESOS MANAGUA Waterlow & Sons Ltd. Londres, Inglaterra (Translation: The Bank of Nicaragua Will pay the bearer in effective currency Ten Pesos Managua Waterlow & Sons Ltd. London, England) |
| Reverse description | Printed entirely in green, the reverse is dominated by an intricately engraved central oval vignette enclosing the Nicaraguan Coat of Arms, surmounted by the bank title and flanked by the capital and president's name below. Large numeral «10» denominators appear in ornate guilloche roundels to the left and right, with the word DIEZ repeated in smaller cartouches, and fine lathe-work geometric borders filling the entire field. |
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| Comments |
Banco de Nicaragua was a private commercial bank granted note-issuing privileges by the Nicaraguan government — not a central bank. It operated during a period when the country had no unified monetary authority, and multiple competing institutions issued their own currency. Waterlow & Sons printed the series in London, as was customary for Central American institutions lacking domestic printing infrastructure sophisticated enough for security paper.
P#S124 falls in the "S" (Specialized) catalogue section, meaning it circulated in a regional or semi-official capacity rather than as the primary national currency of the period.