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10 Córdobas

Issuer Banco Nacional de Nicaragua
Year 1929-1939
Type Standard circulation banknote
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Obverse description Brown intaglio print on multicolor guilloche underprint. An oval portrait vignette at right contains a classical allegorical female figure representing Liberty, shown in three-quarter view with draped robes and an elaborate headdress. The large numeral "10" appears at center within an intricate guilloche rosette, flanked by denomination panels at lower corners, with the bank title in bold letterpress across the top and two-column legal tender text below.
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Variants P#66as - 1929 not issued, Specimen only
P#66b - 1938 & 1939
Comments

The Banco Nacional de Nicaragua was itself an unusual institution — established in 1912 under heavy American influence during the U.S. occupation, it functioned for years less as a sovereign central bank than as a jointly managed fiscal instrument, with Washington retaining significant oversight over Nicaraguan monetary affairs well into the 1930s. The ABNC contract for this series was a direct consequence of that arrangement; American-controlled finances naturally ran through American printing houses.

The 1929–1939 span covers the full withdrawal of U.S. Marines, completed in 1933, and the early Somoza consolidation. Notes from the later part of the date range circulated under substantially different political conditions than those issued at the start.

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