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1 Peso
| Issuer | Tesoro Nacional de Nicaragua |
|---|---|
| Year | 1894 |
| Type | Standard circulation banknote |
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| Obverse description | Black-printed note with a central portrait vignette of Simón Bolívar at centre, flanked by decorative guilloche work. The Nicaraguan coat of arms appears at lower right, applied with a blue seal. Textual decree legends fill the lower portion of the face, referencing the Decree of October 12, 1894, and legal tender provisions. |
|---|---|
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| Reverse description | Dark green intaglio-printed reverse centred on the Nicaraguan national coat of arms within an elaborate wreath vignette, flanked symmetrically on left and right by large numeral "1" counters set within intricate guilloche rosettes. The legends TESORO NACIONAL and REPÚBLICA DE NICARAGUA arc across the upper field, with UN PESO repeated in bold lettering across the lower register. A repeating micro-text border of REPÚBLICA DE NICARAGUA runs along all four margins, and the printer's imprint appears at the bottom centre. |
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| Comments |
The Tesoro Nacional de Nicaragua — the national treasury, not a central bank — issued notes directly under government authority during a period when Nicaragua lacked a formal banking institution capable of managing circulation. Payot, Upham & Co. of San Francisco handled a significant share of Latin American fiscal printing in the late nineteenth century, their work appearing across several Central American governments that lacked access to the major European houses.
Pick 24 is among the scarcer Nicaraguan treasury issues of this decade. The 1894 date places it squarely in the fiscal turbulence preceding the coffee-boom reforms that would eventually reshape the country's monetary administration after 1900.