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5 Pesos
| Issuer | Tesoro Nacional de Nicaragua (National Treasury of Nicaragua) |
|---|---|
| Year | 1908 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Shape | Rectangular |
| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | TESORO NACIONAL - REPÚBLICA DE NICARAGUA CINCO PESOS PESOS 5 PESOS Waterlow Bro. & Layton Limited Londres, Inglaterra (Translation: National Treasury - Republic of Nicaragua Five Pesos Waterlow Bro. & Layton Limited - London, England) |
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| Protection type | Log in to see details |
| Protection description | REP. DE NICARAGUA |
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| Comments |
Nicaragua's National Treasury issued paper currency directly — bypassing any central bank — because no such institution existed in the country until 1912. Waterlow Bros. & Layton, a respected London security printer active from the 1870s, handled a substantial volume of Latin American government work during this period, and the Nicaraguan Treasury series of 1908 sits squarely within that commercial relationship.
Pick 36 is not a common survivor. Nicaragua's political instability in the years immediately following — U.S. Marines landed in 1912 and effectively administered the customs service — disrupted normal financial infrastructure and likely shortened the active life of this issue.