Catalog
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| Issuer | Banco Nacional de Nicaragua |
|---|---|
| Year | 1938 |
| Type | Log in to see details |
| Value | 25 Centavos (0.25) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Uniface orange letterpress design with dense guilloche underprint throughout. The Nicaraguan Coat of Arms occupies the center, rendered as an equilateral triangle enclosing five volcanic peaks rising from the sea beneath a radiant eye, encircled by a rainbow arc. Denomination numerals 25 appear in large counters to the left and right of the central vignette, with the bank title arching across the top and the denomination in full across the lower portion. |
| Reverse lettering | NATIONAL BANK OF NICARAGUA INCORPORATED BANCO NACIONAL DE NICARAGUA 25 CENTAVOS VEINTE Y CINCO CENTAVOS DE CÓRDOBA HAMILTON BANK NOTE - NEW YORK (Translation: National Bank of Nicaragua Incorporated National Bank of Nicaragua 25 Cents Twenty Five Cents of Cordoba Hamilton Bank Note - New York) |
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| Comments |
The Banco Nacional de Nicaragua was unusual among Central American institutions of its period — it functioned simultaneously as a commercial bank and the de facto central bank, a dual role that persisted until the Banco Central was established in 1961. This 25 Centavos de Córdoba fractional note dates from a period when Nicaragua's monetary system was still finding its footing after the córdoba replaced the peso in 1912 and the country emerged from years of US financial supervision under the 1917 Knox-Castillo Treaty arrangements.
Hamilton Bank Note Company handled relatively few Latin American contracts compared to rivals like ABNC — their involvement here is worth noting.