Nicaragua - The Land of Lakes and Volcanoes
1 Peso 1906-08 Issue P35

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Note Details

Set Details
Note Description: Nicaragua, Billete del Tesoro Nacional
1 Peso 1906
Grade: F 12
Country: NIC
Note Number: NIC35
Signatures/
Vignettes:		 - Printer: WB&L
Certification #: 1857599-002  
Owner: Love Collection
Sets Competing: Nicaragua - The Land of Lakes and Volcanoes  Score: 409
Date Added: 8/16/2019
Research: See PMG's Census Report for this Note

Owner's Description

These banknotes of 50 Centavos and 1 Peso for 1906 were placed into circulation on the 2nd of August 1906 (as quoted from the Flores Book). I couldn't find any information on how many notes were produced for this year. However there was an executive decree from the 2nd of November 1907 authorising this issue to replace the ageing and damaged banknotes currently in circulation. A further decree on the 26th of August 1908 limits the total amount of the emission to 1,750,000 pesos.

The only information I could find was the authorisation to swap over 30,000 pesos in value of incinerated notes from previous emissions to the new 1906 1 peso notes serial numbers # 50001 through to 80000 on the 2nd of August (from the Cuadra Book).

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