Nicaragua Complete Set # 3
50 Cordobas Decreto 20.2.1978 P130

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Note Details

Set Details
Note Description: Nicaragua, Banco Central
50 Córdobas 1978
Grade: 65 EPQ
Country: NIC
Note Number: NIC130
Signatures/
Vignettes:		 - Printer: TDLR
Certification #: 1745558-080  
Owner: Love Collection
Sets Competing: Nicaragua Complete Set # 3  Score: 59
Date Added: 4/3/2019
Research: See PMG's Census Report for this Note

Owner's Description

For the 1978 banknotes of "Serie D" the central Bank had initially authorised for the new series to include 2, 5, 10, 20, 50, 100, 500 & 1000 Cordoba denominations. However under the executive decree 300-MEIC approved on the 20th of February 1978 authorised the printing of only the 20 & 50 Cordoba denomination banknotes. With a total of 11 million banknotes with a face value of C$325,000,000.

For the 50 Cordobas banknotes there were a total of 3,500,000 printed with the serial number starting with 0000001 and onward. The front of the banknotes feature the effigy of Maximo Jerez a Nicaraguan politician and military leader from the mid 19th century. On the reverse of the note shows "ganaderia" cattle farming.

There are two different varieties for this issue which are listed in the banknote book but are not recognised in the standard catalogue. These apply to both the 20 & 50 cordobas issued in 1978, it has to do with a dot that is present or not after the third signature. This particular banknote does not have the dot. The printing of the 3rd signature I believe may have taken place at two different sites or possibly on two separate machines, and this may explain the differences. I have also seen many of these banknotes where the position of the signature is not inline with the other signatures or it being on an angle.

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