Catalog
100 Córdobas
| Issuer | National Bank of Nicaragua Incorporated (Banco Nacional de Nicaragua) |
|---|---|
| Year | 1912 |
| Type | Standard circulation banknote |
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| Reverse description | Printed in black and olive-green, the reverse is dominated by dense lathe-work guilloche rosettes flanking a central intaglio vignette of the Nicaraguan Coat of Arms — a triangle enclosing five volcanic peaks beneath a rainbow and rising sun — set against an intricate geometric engine-turned background. Large numeral counters reading 100 appear at left and right within the guilloche panels, with the denomination legend at the foot. |
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| Variants | P#61a - issued note P#61s - Specimen |
| Comments |
The Banco Nacional de Nicaragua was itself a peculiar institution — incorporated in 1912 under United States law, with its stock held partly by American banking interests, a direct product of the dollar diplomacy policies pushed by the Taft administration. Nicaragua's finances were effectively under foreign supervision following the 1911 loan agreements brokered through Brown Brothers & Seligman, and this note series was issued under that arrangement rather than from any independent monetary authority.
Hamilton Bank Note Company handled a significant volume of Latin American currency work in this period, but Nicaraguan commissions were among their more politically loaded assignments. The 1912 date coincides with the U.S. Marines' return to Nicaragua, where they would remain, with brief interruption, until 1933.