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50 Córdobas
| Issuer | National Bank of Nicaragua Incorporated (Banco Nacional de Nicaragua) |
|---|---|
| Year | 1912 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | NATIONAL BANK OF NICARAGUA INCORPORATED BANCO NACIONAL DE NICARAGUA 50 ESTE BILLETE HA SIDO EMITIDO DE CONFORMIDAD COM LA LEY DE 20 DE MARZO DE 1912 Y SUS ENMIENDAS. SERA RECIBIDO EN PAGO DE LOS DERECHOS ADUANEROS Y FISCALES Y SERÁ DE CURSO LEGAL Y OBLIGATORIO PARA EL PAGO DE DEUDAS DENTRO DE LA REPUBLICA. VALE POR CINCUENTA CÓRDOBAS 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 AL PORTADOR DE ESTE BILLETE CINCUENTA CÓRDOBAS. SPECIMEN HAMILTON BANK NOTE CO., NEW YORK (Translation: National Bank of Nicaragua Incorporated National Bank of Nicaragua 50 This note has been issued in accordance with the Law of March 20, 1912 and its amendments. It will be received in payment of customs and fiscal duties and will be legal tender and mandatory for the payment of debts within the Republic. Worth Fifty Cordobas in accordance with the Law of March 20, 1912 and its amendments and under the conditions that these laws prescribe, the National Bank of Nicaragua Incorporated will pay to the bearer of this note Fifty Cordobas on sight. Specimen Hamilton Bank Note Co., New York) |
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| Reverse lettering | NATIONAL BANK OF NICARAGUA INCORPORATED BANCO NACIONAL DE NICARAGUA CINCUENTA CÓRDOBAS HAMILTON BANK NOTE CO., N.Y. (Translation: National Bank of Nicaragua Incorporated National Bank of Nicaragua Fifty Cordobas Hamilton Bank Note Co., N.Y.) |
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| Comments |
The Banco Nacional de Nicaragua Incorporated was itself an unusual institution — a hybrid entity chartered in the United States and backed by American banking interests following the 1911 Knox-Castrillo Convention, through which Nicaragua effectively handed monetary control to U.S. creditors in exchange for loan financing. This note is a direct product of that arrangement, not an autonomous act of Nicaraguan banking policy.
Hamilton Bank Note Company handled the engraving and printing, a firm that worked extensively for Latin American clients in the early twentieth century before being absorbed into larger security printing consolidations. The Pick 60 series represents the earliest formal paper currency issued under the national bank's charter.