Nicaragua Complete Set # 2
10 Cordobas 1953-54 Issue P101

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Note Details

Set Details

Note Description: Nicaragua, Banco Nacional
10 Córdobas 1953-58
Grade: VF 30 EPQ
Country: NIC
Note Number: NIC101a
- Printer: TDLR
Certification #: 8065183-008  
Owner: Love Collection
Sets Competing: Nicaragua Complete Set # 2  Score: 282
Date Added: 10/18/2019
Research: See PMG's Census Report for this Note

Owner's Description

This note is the first (P101a) of two varieties for this issue from 1953-60. With emissions in 1953, 1954, 1957 & 1958 (this banknote). The Second (P101b) was issued in 1959 & 1960.

This emission was authorised through executive decree # 32 on the 26th of June 1958. With an emission of 1 million 10 Cordoba banknotes with serial numbers 0000001 - 1000000. There was a total of 7.5 million 10 Cordoba banknotes issued from 1953-60.

The front of the banknotes feature Miguel Larreynaga who was a Nicaraguan lawyer and writer but more well known for his part in Central America gaining independence from Spain. He travelled together with a group to Spain to ask the Spanish Monarchy for independence in 1818. And he was present at the drafting and signing of the Central American Independence Act celebrated in Guatemala City on the 15th of September 1821. The rear of the note depicts a scene from this reading the act of independence. Miguel would feature on subsequent 10 Cordoba banknotes until 1968. Before being replaced by Andres Castro. And returned to the 10 Cordoba banknote from 1990 - 2002.

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