Nicaragua - The Land of Lakes and Volcanoes
20 Cordobas Decreto 26.4.1962 P110

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Note Details

Set Details
Note Description: Nicaragua, Banco Central
20 Córdobas 1962
Grade: VF 25
Country: NIC
Note Number: NIC110
Signatures/
Vignettes:		 - Printer: ABNC
Certification #: 8066943-006  
Owner: Love Collection
Sets Competing: Nicaragua - The Land of Lakes and Volcanoes  Score: 28
Nicaragua - American Bank Note Co.  Score: 28
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 1 million 20 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 3.5 million 20 Cordobas banknotes. From Serial number 0000001 through to 3500000.

The obverse of the banknote features Tomas Martinez he was promoted to become president of Nicaragua after the filibuster William Walker was run out of the country in 1857 until 1867.

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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