Catalog
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| Issuer | Tesoro Nacional de Nicaragua |
|---|---|
| Year | 1910 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 1ºDE ENERO DE 1910. REPÚBLICA DE NICARAGUA 100 VALE POR CIEN PESOS QUE EL TESORO NACIONAL RECIBIRÁ EN CALIDAD DE MONEDA DE CURSO LEGAL. SERIE G American Bank Note Co., New York (Translation: January 1st., 1910. Republic of Nicaragua 100 Value of One Hundred Pesos Which The National Treasury will receive as legal currency. Series G American Bank Note Co., New York) |
| Reverse description | Log in to see details |
| Reverse lettering | REPÚBLICA DE NICARAGUA TESORO NACIONAL CIEN 100 PESOS AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: Republic of Nicaragua National Treasury One Hundred 100 Pesos American Bank Note Company, New York) |
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| Comments |
The Tesoro Nacional de Nicaragua occupied an awkward position in the country's monetary history — it was a government treasury operation issuing fiduciary paper at a time when Nicaragua lacked a functioning central bank, leaving the notes formally backed by little more than political will. The American Bank Note Company handled most of Central America's prestige printing at this period, and the Nicaraguan account was no exception.
By 1912, U.S. Marines had landed and American financial advisors were restructuring Nicaraguan public finances entirely. Notes issued in 1910 had a short window before the monetary reorganization that followed effectively rendered the Tesoro Nacional's instruments obsolete.