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5 Cordobas

Issuer Banco Central de Nicaragua
Year 1962
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Value 5 Córdobas
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Obverse lettering BANCO CENTRAL DE NICARAGUA SERIE A 5 VALE POR CINCO CORDOBAS RESOLUCION DEL CONSEJO DIRECTIVO DEL BANCO CENTRAL DE NICARAGUA DE 8 DE FEBRERO DE 1962. DECRETO EXECUTIVO Nº 71 DE 26 DE ABRIL DE 1962. AMERICAN BANK NOTE COMPANY
(Translation: Central Bank of Nicaragua Series A 5 Worth Five Cordobas Resolution of the Board of Directors of the Central Bank of Nicaragua of February 8, 1962. Executive Decree No. 71 of April 26, 1962. American Bank Note Company)
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Reverse lettering BANCO CENTRAL DE NICARAGUA CINCO CORDOBAS AMERICAN BANK NOTE COMPANY
(Translation: Central Bank of Nicaragua Five Cordobas American Bank Note Company)
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Comments

Nicaragua's reliance on the American Bank Note Company for its currency printing ran deep through the mid-twentieth century, and this 1962 issue arrived during a period when the Somoza family's grip on the country — and its central bank — was absolute. The Banco Central itself had only been established in 1961, making this among the earliest notes it issued under its own authority, distinct from the predecessor Banco Nacional series.

ABNC's intaglio work on Nicaraguan notes from this period is generally fine, though the 5 Córdobas denomination saw heavier day-to-day handling than higher values and survivors in unimpaired condition are proportionally fewer.

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