Catalog
25 Pesos
| Issuer | Tesoro Nacional de Nicaragua |
|---|---|
| Year | 1900 |
| Type | Log in to see details |
| Value | 25 Pesos |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Blue on red-yellow underprint. Portrait of José Francisco Morazán at left, with a central vignette of Liberty in a winged chariot drawn by lions. Two diagonal SPECIMEN overprints applied across the face, with the Waterlow & Sons Ltd imprint below. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | TESORO NACIONAL - REPÚBLICA DE NICARAGUA 25 VEINTICINCO PESOS Waterlow & Sons Ltd. Londres, Inglaterra (Translation: National Treasury - Republic of Nicaragua Twenty Five Pesos Waterlow & Sons Ltd., London, England) |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Nicaragua's Tesoro Nacional operated as a state treasury issuing authority rather than a central bank — an arrangement that reflected the country's chronic difficulty in establishing stable banking institutions in the late nineteenth century. The note predates the Banco Nacional de Nicaragua by decades, and Waterlow & Sons in London handled the engraving and printing at a time when most Central American governments sourced their paper currency from British or American security printers rather than developing any domestic capacity.
Pick 32 is thinly documented. Surviving examples are infrequently encountered at auction, which may indicate limited original print runs or heavy attrition through the political instability of the early 1900s.