Nicaragua - The Land of Lakes and Volcanoes
5 Cordobas 1953-54 Issue P100

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Note Details

Set Details

Note Description: Nicaragua, Banco Nacional
5 Córdobas 1954-58
Grade: AU 58
Country: NIC
Note Number: NIC100b
- Printer: TDLR
Certification #: 8065183-007  
Owner: Love Collection
Sets Competing: Nicaragua - The Land of Lakes and Volcanoes  Score: 477
Nicaragua- Thomas de la Rue Set  Score: 477
Date Added: 10/18/2019
Research: See PMG's Census Report for this Note

Owner's Description

This note is the second (P 100b) of three varieties of the 5 Cordoba Notes issued from 1953-60. The first is just for 1953, the second covers 1954, 1957 (this note) & 1958. And lastly (P 100c) is for the years 1959 & 1960.

This emission was authorised through executive decree # 29 on the 12th of March 1957. With an emission of 1.5 million 5 Cordoba banknotes with serial numbers 0000001 - 1500000. There was a total of 8 million 5 Cordoba banknotes issued from 1953-60.

The obverse of the banknote feature an effigy of Cacique Nicarao. Believed to be the chief of the tribe Nicarao, the indigenous population that inhabited the land on the South Western coast of modern day Nicaragua and North Western Coast of Costa Rica, that had made contact with Spanish explorers from Panama in the 1520s. The reverse of the note features an indigenous totem pole and the national coat of arms.

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