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| 正面描述 | Black ink on yellow and green underprint, with a portrait vignette of Simón Bolívar at the left and a central vignette of a man with an ox cart. The note bears the heading REPÚBLICA DE NICARAGUA with a date of 1 January 1908 and the stated denomination of CINCUENTA PESOS, confirmed as legal tender by the Tesoro Nacional. The printer's imprint of Waterlow Bro. & Layton Limited, Londres, appears at the lower margin. |
|---|---|
| 正面铭文 | REPÚBLICA DE NICARAGUA 1º de Enero de 1908 VALE POR CINCUENTA PESOS que el Tesoro Nacional recibirá en calidad de moneda de curso legal. Waterlow Bro. & Layton Limited Londres, Inglaterra (Translation: Republic of Nicaragua January 1st., 1908 Value of Fifty Pesos Which The Nacional Treasury will receive as legal currency. Waterlow Bro. & Layton Limited London, England) |
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Waterlow Brothers & Layton secured a number of Central American government printing contracts in the early twentieth century, and this Nicaraguan issue is among the more obscure of them. The firm merged with Waterlow & Sons in 1914, so any Waterlow Brothers & Layton imprint places a note firmly before that date — useful when dating undated or ambiguously dated specimens in the series.
The Tesorería General, rather than a central bank, acted as the issuing authority here, reflecting Nicaragua's fragmented monetary administration during a period when the country was navigating successive debt crises and the early stages of what would become significant U.S. financial intervention by 1911.