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Note Details

Set Details
Note Description: Nicaragua, Banco Nacional
1 Córdoba 1959-60
Grade: 66 EPQ
Country: NIC
Note Number: NIC99c
Signatures/
Vignettes:		 - Printer: TDLR
Certification #: 6030414-047  
Owner: Love Collection
Sets Competing: Nicaragua- Thomas de la Rue Set  Score: 265
Date Added: 5/23/2018
Research: See PMG's Census Report for this Note

Owner's Description

The banknotes from the series 1959/1960 were authorised through an executive decree # 16 on the 22nd of October 1959. The order was for a total of 39,050,000 banknotes in denominations of 1, 5, 10, 20, 50 & 100 Cordobas, with a total face value of C$250,000,000 by the English company Thomas de La Rue. The issue was divided into 2 emissions with the first emission being "Serie de 1959" and the 2nd emission authorised under executive decree # 14 on the 27th of September 1960 for the further 50% showing "Serie de 1960". These banknotes will keep the same design, shape and size for the banknotes authorised under executive decree #21 on the 19th of September 1953.
For the 1 Cordoba note there was an order of 30 million notes, each year there was 15 million notes issued with serial numbers starting from 00000001 and onwards for each of the series.
The front of the note shows the effigy of Lillian Somoza the daughter of the then dictator president Anastasio Somoza. She featured on the 1 Cordoba notes from 1941 - 1960. The reverse shows the National Bank building (Banco Nacional de Nicaragua).

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