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5 Pesos

Issuer Tesoro Nacional de Nicaragua
Year 1910
Type Standard circulation banknote
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Obverse description Black and blue intaglio print on multicolor guilloche underprint. A classical seated female allegorical figure appears at left, with a portrait vignette of Christopher Columbus at center right. Three manuscript signatures appear below, with red order numbers and Series C designation.
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Reverse description Printed in dark blue intaglio, the reverse is dominated by an intricate guilloche border with large numeral "5" panels at left and right, each flanked by vertical "CINCO PESOS" inscriptions. The Nicaraguan Coat of Arms — an equilateral triangle enclosing a volcanic landscape beneath a rainbow — occupies the central vignette within an elaborate rosette surround. The legend "TESORO NACIONAL" arcs above the coat of arms and "REPÚBLICA DE NICARAGUA" appears in bold lettering below, with the printer's imprint along the lower margin.
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Comments

The Tesoro Nacional de Nicaragua operated as a state treasury issuing authority rather than a central bank — Nicaragua wouldn't establish the Banco Nacional until 1912, and even then on shaky footing. These 1910 treasury notes filled the gap, backed more by political necessity than by any robust reserve structure.

ABNC printed extensively for Central American issuers during this period, and the plates were often reused or adapted across multiple contracts. Worth checking whether the serial numbering series on this note overlaps with companion denominations — ABNC sometimes ran shared sequences across a single treasury contract.

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