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1 Peso
| Issuer | Tesoro Nacional de Nicaragua |
|---|---|
| Year | 1900 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | REPÚBLICA DE NICARAGUA VALE POR UN PESO que el Tesoro Nacional recibirá en calidad de moneda de curso legal. 15 de Setiembre de 1900. Waterlow & Sons Ltd. Londres, Inglaterra (Translation: Republic of Nicaragua Value of One Peso Which The Nacional Treasury will receive as legal currency. September 15, 1900. Waterlow & Sons Ltd. London, England) |
| Reverse description | Log in to see details |
| Reverse lettering | TESORO NACIONAL - REPÚBLICA DE NICARAGUA 1 UN PESO Waterlow & Sons Limited, Londres, Inglaterra (Translation: National Treasury - Republic of Nicaragua One Peso Waterlow & Sons Limited, London, England) |
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| Comments |
Nicaragua's Tesoro Nacional — the national treasury — issued notes directly rather than through a central bank during this period, a reflection of the country's fragmented banking arrangements in the late nineteenth and early twentieth centuries. Waterlow & Sons handled a substantial share of Latin American fiscal printing at this time, and the 1 Peso falls within a series that predates the monetary reforms Nicaragua would undertake following the 1912 U.S. dollar intervention that effectively displaced the peso from large transactions.
Pick 29 is not common in any grade. Treasury-issued circulating notes of this denomination absorbed heavy use in daily commerce.