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100 Córdobas
| Issuer | Banco Nacional de Nicaragua |
|---|---|
| Year | 1939 |
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| Reference(s) | P#69 |
| Obverse description | Red on multicolour underprint. A allegorical female figure with fruits stands before an altar at right, rendered in fine intaglio engraving. Bilingual text panels appear across the face alongside the denomination numeral, with a SPECIMEN overprint applied in red. The overall layout is typical of American Bank Note Company work of the period, with intricate guilloche patterning throughout the underprint. |
|---|---|
| Obverse lettering | NATIONAL BANK OF NICARAGUA INCORPORATED BANCO NACIONAL DE NICARAGUA SERIE DE 1939 SPECIMEN 100 VALE POR CIEN CÓRDOBAS ESTE BILLETE HA SIDO EMITIDO DE CONFORMIDAD COM LA LEY DE 20 DE MARZO DE 1912 Y SUS ENMIENDAS. SERA 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. 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 CIEN CÓRDOBAS. AMERICAN BANK NOTE COMPANY (Translation: National Bank of Nicaragua Incorporated National Bank of Nicaragua Series 1939 Specimen 100 Worth One Hundred Cordobas 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 tender and obligatory for the payment of debts within the Republic. 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 the bearer of this note One Hundred Cordobas on sight. American Bank Note Company) |
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| Comments |
Nicaragua's Banco Nacional held a near-total monopoly on the country's financial system through the 1930s — it was simultaneously the central bank, the commercial bank, and the government's fiscal agent, a concentration of function that reflected U.S. influence over Nicaraguan institutions following the long period of American financial intervention that began in 1912. This note was printed by ABNC during a period when the córdoba had been pegged to the U.S. dollar since 1912 at a fixed rate of one-to-one.
ABNC's work for the Banco Nacional across the 1930s series is consistent in technical quality, with intaglio printing on both faces. P#69 is the highest denomination in the 1939 issue.