Nicaragua - The Land of Lakes and Volcanoes
50 Centavos 1911 Issue (dated 1910) P43

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Note Details

Set Details
Note Description: Nicaragua, Tesoro Nacional
50 Centavos 1910 - Printer: ABNC
Grade: VF 35
Country: NIC
Note Number: NIC43a
Signatures/
Vignettes:		 - Sign. J. Madriz at Center
Certification #: 2181524-019  
Owner: Love Collection
Sets Competing: Nicaragua - The Land of Lakes and Volcanoes  Score: 354
Nicaragua - American Bank Note Co.  Score: 354
Date Added: 7/21/2023
Research: See PMG's Census Report for this Note

Owner's Description

These notes for 1910 have two different signature varieties. The banknotes all feature Christopher Columbus on the obverse of the notes.

From what I could find these notes were originated through a contract from the Government with a wealthy businessman by the name of Alfredo Pellas (his descendants are still very prominent business owners running several successful businesses within Nicaragua including the famous Nicaraguan Rum Flor de Caña) on the 9th of January 1910. For the 50 Centavos notes there was to be 1.5 million printed with a face value of 750,000 pesos.

There was an executive decree #122 on the 27th of March 1911 under the new government authorising to print the same amount of notes but this time they were printed with the signature new President Juan Estrada. Based on the serial numbers they continued this series from 1500000 through to 3000000.

This particular note is of the B type with the second signature variety. In the other sets you will find the other signature variety.

Later some of these notes were overprinted in 1912 to have a new face value of 4 centavos (P50).

Christopher Columbus was of course the famous Italian explorer that mistakenly had discovered the Americas.

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