Catalog
| Issuer | National Bank of Nicaragua Incorporated (Banco Nacional de Nicaragua) |
|---|---|
| Year | 1938 |
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| Printer | American Bank Note Company, New York, United States |
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|---|---|
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| Reverse description | Printed entirely in orange. The central vignette presents the Nicaraguan Coat of Arms in the form of a triangle enclosing five volcanic peaks rising from the sea beneath a liberty cap on a pole, set against a radiating sky. Two large guilloche rosettes bearing the numeral '25' flank the central arms vignette symmetrically at left and right. The entire design is enclosed within a finely ruled geometric border, with bilingual bank name inscriptions at top and denomination text at bottom. |
| Reverse lettering | NATIONAL BANK OF NICARAGUA INCORPORATED BANCO NACIONAL DE NICARAGUA 25 25 VEINTE Y CINCO CENTAVOS DE CÓRDOBA AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: National Bank of Nicaragua Incorporated National Bank of Nicaragua 25 25 Twenty Five Centavos de Córdoba American Bank Note Company, New York) |
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| Comments |
The Banco Nacional de Nicaragua was a peculiar institution — nominally Nicaraguan but incorporated under U.S. law, with its capital structure and oversight tied to American financial interests that had been deeply embedded in the country since the Bryan-Chamorro Treaty era. By 1938, Nicaraguan monetary affairs were still operating under frameworks shaped by that foreign involvement, and notes like this one reflect a banking arrangement that had little real parallel elsewhere in Latin America.
The American Bank Note Company produced this in fractional córdoba denominations primarily to address a chronic shortage of small-change coinage in rural commerce.