Catalog
50 Centavos de Córdoba
| Issuer | National Bank of Nicaragua Incorporated (Banco Nacional de Nicaragua) |
|---|---|
| Year | 1914-1918 |
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| Currency | First Córdoba (1912-1987) |
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| Obverse description | Black on blue guilloche underprint. At left, an oval vignette with a classical allegorical female figure (Liberty) in profile facing right, wearing a laurel wreath. To the right, the large denomination numeral '50' set within an elaborate foliate guilloche panel, above multi-line legal tender text in Spanish. The order number is printed in red at upper left. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Black on unprinted paper. At center, a triangular vignette of Nicaragua's national coat of arms — a volcano rising from the sea within an equilateral triangle — flanked on either side by large numeral '50' panels set in foliate guilloche lozenges. The denomination inscription runs along the lower center, with the bank name in two languages at the top. |
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| Comments |
The Banco Nacional de Nicaragua Incorporated was a peculiarly American institution — chartered in the United States and backed by New York bankers as part of the financial reorganization imposed on Nicaragua following the 1911 Knox-Castrillo Convention. Nicaragua had effectively ceded control of its customs revenues and national bank to American creditors, and the notes this bank issued during the 1914–1918 window reflect that arrangement: printed by ABNC in New York, for a Central American republic operating under conditions closer to a financial receivership than independent monetary policy.
The 1916 Bryan-Chamorro Treaty, signed during this same period, deepened that dependency considerably.