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50 Centavos
| Issuer | Banco Nacional de Nicaragua |
|---|---|
| Year | 1938 |
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| Currency | First Córdoba (1912-1987) |
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| Obverse description | Central vignette of a Liberty portrait flanked by the denomination numeral '50' on both sides within ornate guilloche rosettes. Three signature lines appear below, representing the President of the Republic, the Minister of Finance, and the General Manager, with bilingual legal tender text in Spanish spanning the note body. |
|---|---|
| Obverse lettering | 50 50 National Bank of Nicaragua Incorporated BANCO NACIONAL DE NICARAGUA 50 SERIE DE 1938 Este billete ha sido emitido de conformidad con la Ley de 20 de Marzo de 1912 y sus enmiendas, será recibido en pago de los derechos aduaneros y fiscales y será de curso legal y obligatorio para el pago de deudos dentro de la República. El Presidente de la República (signature) El Ministro de Hacienda (signature) Vale por CINCUENTA CENTAVOS DE CÓRDOBA De conformidad con la Ley de 20 de Marzo de 1912 y sus enmiendas y bajo las condiciones que esas leyes prescriben el 'National Bank of Nicaragua Incorporated' pagará a la vista de este billete cincuenta centavos de córdoba. GERENTE GENERAL (signature) 50 50 AMERICAN BANK NOTE COMPANY. |
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| Comments |
The Banco Nacional de Nicaragua was a state-controlled institution that served simultaneously as the country's central bank and commercial bank — an unusual dual role that persisted until the Banco Central de Nicaragua was established in 1960. The American Bank Note Company contract for this series reflected Nicaragua's longstanding reliance on U.S. financial infrastructure during the Somoza period, which had just begun when this note was issued.
The 50 centavos denomination saw heavy everyday circulation and survivors in decent condition are genuinely scarce. ABNC-printed Nicaraguan low denominations of this period are frequently found with significant wear or repaired edges.