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1000 Cordobas

Issuer Banco Central de Nicaragua
Year 1984
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Value 1000 Córdobas
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Obverse description Blue-gray intaglio print on multicolor guilloche underprint. Portrait vignette of General Augusto César Sandino at right, with three manuscript signatures of bank officials below. Issuer title and denomination inscriptions frame the design, with detailed security lettering referencing the authorizing resolutions of July and August 1984.
Obverse lettering BANCO CENTRAL DE NICARAGUA SERIE F 1000 UN MIL CORDOBAS RESOLUCION DEL CONSEJO DIRECTIVO DEL BANCO CENTRAL DE NICARAGUA NO-CO BCN 64 DEL 3 DE JULIO DE 1984. RESOLUCION DE LA JUNTA DE GOBIERNO DE RECONSTRUCION NACIONAL DEL 6 DE AGOSTO DE 1984. GENERAL A.C. SANDINO THOMAS DE LA RUE AND COMPANY LIMITED
(Translation: Central Bank of Nicaragua Series F 1000 One Thousand Cordobas Resolution of the Board of Directors of the Central Bank of Nicaragua No-Co BCN 64 of July 3rd, 1984. Resolution of the National Reconstruction Government Board of August 6th, 1984. General A.C. Sandino Thomas De La Rue and Company Limited)
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Comments

Nicaragua in 1984 was deep in the Contra War, with the Sandinista government facing both an armed insurgency and a U.S. trade embargo that was tightening its grip on the economy. The 1000 Córdoba denomination — high by the standards of the early revolutionary issue series — was already being outpaced by inflation that would eventually force a complete currency replacement in 1988, when the new córdoba was introduced at 1,000 old to one.

Thomas De La Rue retained the printing contract despite Nicaragua's alignment with Cuba and the Soviet bloc, a pragmatic arrangement that says more about the international banknote industry than about Cold War politics. The watermark security is modest for a De La Rue product of this period, reflecting either cost constraints on the Nicaraguan side or the understood short lifespan of the denomination.

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