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500 Córdobas
| Issuer | Banco Nacional de Nicaragua |
|---|---|
| Year | 1945 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | First Córdoba (1912-1987) |
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| Obverse description | Black intaglio on multicolour guilloche underprint. Central vignette consists of a portrait of the poet Rubén Darío at centre, surrounded by ornate scrollwork. Two signature varieties exist: one with both left and right signatures, and one with the right signature absent. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Printed in olive-green intaglio on a pale guilloche underprint. The Nicaraguan Coat of Arms — a triangle enclosing five volcanic peaks above a sea, surmounted by a radiant cap of liberty — occupies a circular vignette at centre, with the legend REPÚBLICA DE NICARAGUA / DEPARTAMENTO DE EMISION / AMERICA CENTRAL encircling it. Large denomination numerals 500 appear at each corner, with QUINIENTOS CÓRDOBAS in a banner across the lower portion and the printer's imprint below. |
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| Comments |
The Banco Nacional de Nicaragua was not a conventional central bank — it was majority-owned by the Nicaraguan government but operated under a hybrid charter that gave it both commercial and monetary functions simultaneously. By 1945, that arrangement was already under political strain, and the institution would be dissolved and replaced by the Banco Central de Nicaragua in 1961.
ABNC printed the bulk of Nicaragua's mid-century note production, and the 500 Córdobas was the highest denomination in circulation at the time — a significant face value in a country where agricultural wages remained extremely low. High-denomination notes of this series are rarely found with evidence of heavy commercial use.