Catalog
25 Centavos de Córdoba
| Issuer | Banco Nacional de Nicaragua |
|---|---|
| Year | 1938 |
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| Currency | First Córdoba (1912-1987) |
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| Obverse description | Black intaglio on orange guilloche underprint. An oval vignette at right contains a bust portrait of Liberty facing three-quarters left, wearing a laureled headdress and ornate dress. The bank title appears in large lettering across the upper portion, with the numeral 25 rendered in ornate script at center, flanked by denomination counters in the lower corners. Two manuscript signatures appear above the legal tender text, with the printer's imprint at the base. |
|---|---|
| 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. SERIE DE 1938 Hamilton Bank Note N.Y. (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 Cents of Cordoba 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 on sight to the bearer of this note Twenty Five Cents of Cordoba. Series 1938 Hamilton Bank Note N.Y.) |
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| Comments |
The Banco Nacional de Nicaragua was unusual among Central American institutions of its period — it functioned simultaneously as a commercial bank and the de facto central bank, a dual role that persisted until the Banco Central was established in 1961. This 25 Centavos de Córdoba fractional note dates from a period when Nicaragua's monetary system was still finding its footing after the córdoba replaced the peso in 1912 and the country emerged from years of US financial supervision under the 1917 Knox-Castillo Treaty arrangements.
Hamilton Bank Note Company handled relatively few Latin American contracts compared to rivals like ABNC — their involvement here is worth noting.