50 Centavos

Issuer	Tesoro Nacional de Nicaragua
Year	1894
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Value	50 Centavos (0.50)
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Reverse description	Printed entirely in blue, the reverse is dominated by an elaborate engine-turned guilloche border of interlocking floral and rosette motifs filling the entire field. A horizontal band across the centre carries the denomination CINCUENTA CENTAVOS flanking a central oval counter bearing the large numeral 50. The issuer inscription TESORO NACIONAL arches across the top of the central panel and REPÚBLICA DE NICARAGUA curves along the bottom, with the printer's imprint in small text at the foot.
Reverse lettering	TESORO NACIONAL CINCUENTA CENTAVOS REPÚBLICA DE NICARAGUA Payot, Upham & Co. S.F. (Translation: National Treasury Fifty Cents Republic of Nicaragua Payot, Upham & Co. S.F.)
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Variants	P#19a - "Serie I" at upper center on front P#19b - "Serie 6" at upper center on front P#19c - "Serie IX" at upper center on front with P#19d - "Serie IX" at upper center on front without
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