Nicaragua - The Land of Lakes and Volcanoes
10 Cordobas Decreto 26.4.1962 P109

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Note Details

Set Details
Note Description: Nicaragua, Banco Central
10 Córdobas 1962
Grade: VF 35
Country: NIC
Note Number: NIC109
Signatures/
Vignettes:		 - Printer: ABNC
Certification #: 8066943-005  
Owner: Love Collection
Sets Competing: Nicaragua - The Land of Lakes and Volcanoes  Score: 12
Nicaragua - American Bank Note Co.  Score: 12
Date Added: 11/29/2019
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 3.9 million 10 Cordobas banknotes to be issued. This was then expanded through an executive decree # 68 on the 4th of April 1963 to include a total of 10.4 million 10 Cordobas banknotes. From Serial number 00000001 through to 10400000.

The front of the banknotes feature Miguel Larreynaga who was a Nicaraguan lawyer and writer but more well known for his part in Central America gaining independence from Spain. He travelled together with a group to Spain to ask the Spanish Monarchy for independence in 1818. And he was present at the drafting and signing of the Central American Independence Act celebrated in Guatemala City on the 15th of September 1821. Miguel also featured on previous 10 Cordoba banknotes from 1953 on wards. He was replaced by Andres Castro on issues from 1972 onward. And returned to the 10 Cordoba banknote from 1990 - 2002.

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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