Catalog
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| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 1962 |
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| Value | Log in to see details |
| Currency | First Córdoba (1912-1987) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE NICARAGUA SERIE A 50 VALE POR CINCUENTA 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 50 Worth Fifty 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 CINCUENTA CORDOBAS AMERICAN BANK NOTE COMPANY (Translation: Central Bank of Nicaragua Fifty Cordobas American Bank Note Company) |
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| Comments |
Nicaragua's 1962 córdoba series arrived during the long tail of the Somoza family's grip on the country's financial institutions — the Banco Central itself had only been established in 1960, replacing the older Banco Nacional as the sole issuer of currency. The ABNC was the default printer for much of Central America's paper through this period, and the quality of the intaglio work here reflects that firm's mature production capabilities before its decline in the late 1970s.
Pick 111 is not a common survivor in higher grades. Nicaraguan notes of this era circulated hard in a cash-dependent economy, and the 50-córdoba denomination saw enough daily use to ensure that worn examples vastly outnumber sound ones.