Nicaragua Complete Set # 2
50 Cordobas Decreto 26.4.1962 P111

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Note Details

Set Details
Note Description: Nicaragua, Banco Central
50 Córdobas 1962
Grade: VF 25
Country: NIC
Note Number: NIC111
Signatures/
Vignettes:		 - Printer: ABNC
Certification #: 8066943-007  
Owner: Love Collection
Sets Competing: Nicaragua - American Bank Note Co.  Score: 54
Nicaragua Complete Set # 2  Score: 54
Date Added: 11/29/2019
Research: Currently not available

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 800,000 50 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 1.8 million 50 Cordobas banknotes. From Serial number 000001 through to 1800000.

This has caused both 6 and 7 digit serial number variations those below 1 million with 6 digits and from 1000000 through to 1170000 with 8 digits.

The obverse of the notes feature the effigy of Maximo Jerez a Nicaraguan politician and military leader from the mid 19th century. He is featured on many 50 Cordoba banknotes through to 1978.

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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