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1 Peso
| Issuer | Tesorería General de la República de Nicaragua |
|---|---|
| Year | 1881 |
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| Currency | Peso (1878-1912) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | DECRETO DE 24 DE SETIEMBRE DE 1881 BILLETE DEL TESORO NACIONAL REPÚBLICA DE NICARAGUA La Tesorería General de la República pagará al portador y a la vista UN PESO en moneda de oro o plata de curso legal. SERIE I (Translation: Decree of September 24, 1881 Banknote from National Treasury Republic of Nicaragua The National Treasury of the Republic pay to the bearer and on sight ONE PESO in gold or silver currency of Legal Tender. Series I Which the General Treasury will pay to the bearer. The Homer Lee Bank Note Co., N.Y.) |
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| Reverse lettering | REPÚBLICA DE NICARAGUA (Translation: Republic of Nicaragua) |
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| Comments |
Nicaragua's first nationally issued paper money. The Tesorería General — not a central bank, but the state treasury — issued this note directly, a common arrangement in Latin America before proper banking legislation took hold. The Homer Lee Bank Note Company, though less prominent than the American Bank Note Company, was a legitimate New York security printer active through the 1880s and handled several Central American commissions during this period.
As Pick #1, this is the first catalogued note of the Nicaraguan paper money series. Survival rates for inaugural Latin American treasury issues of this decade are generally low — the political instability of 1880s Nicaragua didn't help.