Catalog
5 Córdobas
| Issuer | Banco Nacional de Nicaragua |
|---|---|
| Year | 1942-1951 |
| Type | Log in to see details |
| Value | 5 Córdobas |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO NACIONAL DE NICARAGUA DEPARTAMENTO DE EMISIÓN, MANAGUA SERIE DE 1951 5 VALE POR CINCO CÓRDOBAS ESTE BILLETE HA SIDO EMITIDO DE CONFORMIDAD CON EL DECRETO-LEY DE 20 DE OCTUBRE DE 1940 LA LEY DE 4 DE AGOSTO DE 1941; DEBERÁ SER 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. DE CONFORMIDAD CON EL DECRETO-LEY DE 26 DE OCTUBRE DE 1940 Y LA LEY DE 4 DE AGOSTO DE 1941, Y BAJO LAS CONDICIONES PRESCRITAS EN LOS MISMOS, EL BANCO NACIONAL DE NICARAGUA, DEPARTAMENTO DE EMISIÓN, PAGARÁ A LA VISTA AL PORTADOR, POR ESTE BILLETE CINCO CÓRDOBAS. AMERICAN BANK NOTE COMPANY (Translation: National Bank of Nicaragua Emission Department, Managua Series 1951 5 Worth Five Cordobas This note has been issued in accordance with the Decree-Law of October 20, 1940 and the Law of August 4, 1941; it must be received in payment of customs and tax duties and will be legal tender and mandatory for the payment of debts within the Republic. In accordance with the Decree-Law of October 26, 1940 and the Law of August 4, 1941, and under the conditions prescribed therein, the National Bank of Nicaragua, Issuing Department, shall pay at sight to bearer, for this note, Five Cordobas. American Bank Note Company) |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO NACIONAL DE NICARAGUA DEPARTAMENTO DE EMISIÓN REPÚBLICA DE NICARAGUA AMÉRICA CENTRAL CINCO CÓRDOBAS AMERICAN BANK NOTE COMPANY (Translation: National Bank of Nicaragua Emission Department Republic of Nicaragua Central America Five Cordobas American Bank Note Company) |
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| Comments |
The Banco Nacional de Nicaragua was a hybrid institution — simultaneously the country's central bank and its largest commercial lender — a structural arrangement that persisted until the Banco Central de Nicaragua was established in 1961. Notes issued under its authority during this period carried real monetary weight precisely because there was no separate reserve institution to backstop them.
ABNC held the contract for Nicaraguan paper currency through much of the mid-twentieth century, and the P#93 series ran across nearly a decade of printings with only minor variations between dates. Collectors should pay close attention to the series letter prefixes, which differ across the 1942–1951 span and are the primary means of distinguishing individual print runs.