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| 表面の説明 | Black intaglio print on red guilloche underprint. A portrait vignette of President José Santos Zelaya occupies the left portion of the note, while a central vignette presents a steam passenger train in motion. The design is framed by ornate lathe-work borders typical of Waterlow & Sons engraving of the period. |
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| 表面の銘文 | ログイン して詳細を見る |
| 裏面の説明 | ログイン して詳細を見る |
| 裏面の銘文 | TESORO NACIONAL - REPÚBLICA DE NICARAGUA 5 CINCO PESOS (Translation: National Treasury - Republic of Nicaragua Five Pesos) |
| 署名 | ログイン して詳細を見る |
| 偽造防止技術 | ログイン して詳細を見る |
| 偽造防止の説明 | ログイン して詳細を見る |
| バリエーション | ログイン して詳細を見る |
| コメント |
Nicaragua's Tesoro Nacional — the National Treasury, not a central bank — issued directly against state revenues rather than through a banking intermediary, an arrangement that made these notes more vulnerable to political disruption than institutionally backed paper. The 1900 issue came during a period when Nicaraguan public finance was chronically strained by factional conflict between Liberal and Conservative governments, and the currency's credibility tracked those tensions closely.
Waterlow & Sons produced the plates in London to a high technical standard, but the issuing authority's fiscal instability meant redemption was never guaranteed. Notes from this series turn up in genuinely circulated condition far more often than in any approach to original state.