Nicaragua Complete Set # 2
20 Cordobas 1953-54 Issue P102

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Note Details

Set Details
Note Description: Nicaragua, Banco Nacional
20 Córdobas 1959-60
Grade: VF 25
Country: NIC
Note Number: NIC102b
Signatures/
Vignettes:		 - Printer: TDLR
Certification #: 8066943-001  
Owner: Love Collection
Sets Competing: Nicaragua Complete Set # 2  Score: 317
Nicaragua- Thomas de la Rue Set  Score: 317
Date Added: 11/29/2019
Research: See PMG's Census Report for this Note

Owner's Description

The banknotes from the series 1959/1960 were authorised through an executive decree # 16 on the 22nd of October 1959. The order was for a total of 39,050,000 banknotes in denominations of 1, 5, 10, 20, 50 & 100 Cordobas, with a total face value of C$250,000,000 by the English company Thomas de La Rue. The issue was divided into 2 emissions with the first emission being "Serie de 1959" and the 2nd emission authorised under executive decree # 14 on the 27th of September 1960 for the further 50% showing "Serie de 1960". These banknotes will keep the same design, shape and size for the banknotes authorised under executive decree #21 on the 19th of September 1953.
For the 20 Cordobas note there was an order of 1.5 million notes, divided between each year. So there was 750,000 notes issued with serial numbers starting from 0000001 and onwards for each of the series.

The obverse of the banknotes feature Rafaela Herrera a Nicaraguan heroine that helped defend the fortress of the Immaculate Conception during the battle for the Rio San Juan in 1762.

The reverse of the banknote shows a map of the country with the proposed inter-oceanic canal route. This was mooted originally for Nicaragua but Panama became the favoured option.

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