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500 000 Cordobas overprinted on 1000 Cordobas

Issuer Banco Central de Nicaragua
Year 1987
Type Standard circulation banknote
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Obverse lettering BANCO CENTRAL DE NICARAGUA
SERIE G
500000
QUINIENTOS MIL
UN MIL CÓRDOBAS
RESOLUCIÓN DEL CONSEJO DIRECTIVO DEL BANCO CENTRAL DE NICARAGUA NO. CD-BCN-CXIV-1-85 DEL 30 DE ABRIL DE 1985
RESOLUCIÓN DEL PODER EJECUTIVO DEL 11 DE JUNIO DE 1985
MINISTRO DE FINANZAS DE LA REPÚBLICA
PRESIDENTE DEL BANCO CENTRAL DE NICARAGUA
VICE PRESIDENTE DEL BANCO CENTRAL DE NICARAGUA
GENERAL A.C. SANDINO
THOMAS DE LA RUE AND COMPANY LIMITED
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Reverse lettering BANCO CENTRAL DE NICARAGUA
CASA NATAL DE SANDINO
500000
QUINIENTOS MIL
CÓRDOBAS
1000
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Comments

Nicaragua's monetary crisis of the late 1980s moved faster than printing capacity could accommodate. Rather than commission entirely new notes, the Banco Central authorized provisional overprints on existing stock — this 500,000 córdoba value applied over the 1,000 córdoba base note is a direct artifact of that stop-gap policy, issued as hyperinflation rendered smaller denominations functionally worthless within months of release.

Thomas De La Rue handled both the original printing and the overprint work. The córdoba was replaced entirely by the gold córdoba in 1990 at a rate of 1 to 5,000,000.

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