Nicaragua - The Land of Lakes and Volcanoes
25 Centavos 1935-38 Issue P80

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Note Details

Set Details
Note Description: Nicaragua, Banco Nacional
25 Centavos 1938
Grade: AU 55 EPQ
Country: NIC
Note Number: NIC80
Signatures/
Vignettes:		 - Printer: HBNC
Certification #: 8065183-003  
Owner: Love Collection
Sets Competing: Nicaragua - The Land of Lakes and Volcanoes  Score: 983
Nicaragua HBNC Set  Score: 983
Date Added: 10/18/2019
Research: See PMG's Census Report for this Note

Owner's Description

1938 was a busy year for fractional currency in Nicaragua. This was the second of 3 different 25 Centavos issued for the year. The first was the 2nd printing of the undated 1937, this note which was an all new design produced by Hamilton Bank Note Co, and finally P88 which was similar to the previous 1912 issue (P53). These notes featured the previous Finance Minister's signature from Don Jose Benito Ramirez.

I believe there was a total of 400,000 of these notes produced and authorised for circulation in three separate decrees. The first issuance of 60,000 notes from serial number 000001 through to 060000 was through Executive Decree # 72 on the 26th of May 1938. Then a further 155,000 from serial numbers 060001 through to 215000 through executive decree # 78 on the 18th of July 1938. And finally a further 185,000 notes were authorised from serial numbers 215001 to 400000 through executive decree # 79 on the 22nd of July 1938.

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