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1 Córdoba
| Issuer | National Bank of Nicaragua Incorporated (Banco Nacional de Nicaragua) |
|---|---|
| Year | 1934 |
| Type | Log in to see details |
| Value | 1 Córdoba |
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| Composition | Log in to see details |
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| Obverse description | Blue on multicolour underprint, with a central vignette of a female allegorical figure. The note belongs to the Series of 1932 and bears a diagonal red overprint reading REVALIDADO, applied to validate the note for continued circulation. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Printed in olive-brown on an intricate guilloche underprint, the reverse is dominated by the Nicaraguan Coat of Arms at centre — an equilateral triangle enclosing a landscape with five volcanoes and a rising sun, surrounded by the legend REPUBLICA DE NICARAGUA / AMERICA CENTRAL. Large numeral 1 counters appear at left and right within elaborate lathe-work panels, and the printer's imprint is at the foot. |
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| Comments |
The Banco Nacional de Nicaragua was a peculiar institution — incorporated in the United States under Connecticut law in 1912 and majority-owned by American banking interests until Nicaragua gradually reacquired control through the 1930s. This note falls squarely in that transitional period, when the bank was Nicaraguan in name but still operationally tied to New York, a relationship reflected in the ABNC contract that had supplied the series for years.
The 1934 date places this issue shortly after the assassination of Augusto Sandino and the consolidation of Somoza-aligned power — a moment of sharp political realignment that did nothing to interrupt the printing contracts already in place.