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2 Cordobas

Issuer Banco Central de Nicaragua
Year 1972
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Currency First Córdoba (1912-1987)
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Obverse lettering Banco Central de Nicaragua Dos Córdobas Resolución del consejo directivo del Banco Central de Nicaragua, de 20 de abril de 1972 Decreto ejecutivo no. 73 MEIC de 27 de abril de 1972
(Translation: Central Bank of Nicaragua Two Córdobas Resolution of the board of directors of the Central Bank of Nicaragua, of April 20, 1972 Executive decree No. 73 MEIC of April 27, 1972)
Reverse description Green intaglio print over a multicolor guilloche underprint in warm orange and rose tones. At left, a panoramic vignette of a cotton field in rows receding to the horizon, captioned «SEMBRADIO DE ALGODON» below; at right, a large ornate guilloche rosette enclosing the numeral «2» at center. The denomination «DOS CORDOBAS» is inscribed in the lower border panel, with «BANCO CENTRAL DE NICARAGUA» across the top, and the numeral «2» repeated in each corner rosette.
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Comments

Nicaragua's 1972 issue predates the catastrophic Managua earthquake of December that year by only months — the disaster killed thousands, destabilized the Somoza government's already fragile finances, and triggered the monetary pressures that would eventually force repeated reissues of the low-denomination series. Notes from this print run entered circulation into an economy that was about to absorb a humanitarian and fiscal shock almost simultaneously.

Thomas De La Rue printed the series with their characteristic intaglio security work. The 2 Córdobas was the workhorse denomination for daily transactions, meaning genuine uncirculated survivors are proportionally rarer than their higher-value counterparts from the same run.

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