Nicaragua Complete Set # 2
1 Cordoba 1953-54 Issue P107

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Note Details

Set Details
Note Description: Nicaragua, Banco Central
1 Córdoba 1962
Grade: 66 EPQ
Country: NIC
Note Number: NIC107
Signatures/
Vignettes:		 - Printer: ABNC
Certification #: 2079836-002  
Owner: Love Collection
Sets Competing: Nicaragua Complete Set # 2  Score: 76
Date Added: 2/8/2022
Research: See PMG's Census Report for this Note

Owner's Description

These new issue 1962 Series A banknotes were produced for the newly incorporated Banco Central de Nicaragua (Nicaraguan Central Bank). They were authorised on the 26th of April 1962 through Executive Decree # 71. The initial amount was for 6 million 1 Cordoba banknotes to be issued. This was then expanded through an executive decree # 68 on the 4th of April 1963 to include a total of 36 million 1 Cordoba banknotes. From Serial number 00000001 through to 36000000.

There is a variation known to exist with the lettering of Serie A that appears to have used a different font or different font size.

The obverse of this 1 Cordoba note shows the newly built Central Bank headquarters in downtown Managua. The design will be carried forward to the series B 1968 banknotes also.

The rear of the note shows Francisco Hernandez de Cordoba, the Nicaraguan currency's namesake. He was a Spanish explorer and the founder of the cities of Leon and Granada in Nicaragua.

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