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25 Centavos de Córdoba

Issuer National Bank of Nicaragua Incorporated (Banco Nacional de Nicaragua)
Year 1914-1918
Type Standard circulation banknote
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Obverse description Black intaglio print on orange underprint. An oval vignette at right contains a portrait of Liberty facing left, wearing a laurelled headband, set within a fine guilloche border. The denomination numeral '25' appears in an ornate panel at center-left, flanked by the bilingual bank title across the top, with the legal tender clause and promise-to-pay text in Spanish filling the central field. The printer's imprint 'American Bank Note Co., New York' appears at the lower center.
Obverse lettering NATIONAL BANK OF NICARAGUA INCORPORATED BANCO NACIONAL DE NICARAGUA 25 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. VALE POR VEINTE Y CINCO CENTAVOS DE CÓRDOBA 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 VEINTE Y CINCO CENTAVOS DE CÓRDOBA. American Bank Note Co., New York
(Translation: National Bank of Nicaragua Incorporated National Bank of Nicaragua 25 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 mandatory for the payment of debts within the Republic. Worth Twenty Five Centavos de Córdoba 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 to the bearer of this note Twenty Five Centavos de Córdoba on sight. American Bank Note Co., New York)
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Comments

The Banco Nacional de Nicaragua during this period was not a true central bank but a mixed institution with significant American financial backing, operating under conditions shaped by the 1911 Knox-Castrillo Convention and subsequent U.S. fiscal oversight. Nicaragua's monetary system was effectively under foreign supervision throughout the note's issue window, which gives the American Bank Note Company contract an added layer of political logic beyond mere printing convenience.

The P#53 is among the smaller-denomination fractional issues of the series — 25 centavos notes rarely survive in volume anywhere, and Nicaragua's chronic instability during the 1910s did nothing to encourage preservation.