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20 Cordobas

Issuer Banco Central de Nicaragua
Year 1962
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Reference(s) P#110
Obverse description Orange note with a central oval vignette of Tomás Martínez, flanked on either side by large numeral 20s as part of the underprint design. The serial number is printed in black. Issuing authority inscriptions and regulatory text appear in multiple lines across the face.
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Reverse lettering Banco Central de Nicaragua Francisco Hernández de Córdoba Un Córdoba
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Comments

The Banco Central de Nicaragua was only established in 1960, replacing the older Banco Nacional as the sole note-issuing authority. This 1962 issue is therefore among the earliest emissions under the new central bank structure, printed by the American Bank Note Company during a period when Nicaragua's monetary administration was being reorganized under the Somoza government with technical assistance from the International Monetary Fund.

ABNC's contract work for Central American issuers in the early 1960s used intaglio printing throughout, which gives these Nicaraguan notes a characteristic ink relief detectable by touch even on circulated examples.

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