Nicaragua - The Land of Lakes and Volcanoes
20 Cordobas 1953-54 Issue P102

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Note Details

Set Details

Note Description: Nicaragua, Banco Nacional
20 Córdobas 1953-58
Grade: 66 EPQ
Country: NIC
Note Number: NIC102a
- Printer: TDLR
Certification #: 1056685-038  
Owner: Love Collection
Sets Competing: Nicaragua - The Land of Lakes and Volcanoes  Score: 1767
Nicaragua- Thomas de la Rue Set  Score: 1767
Date Added: 10/30/2019
Research: See PMG's Census Report for this Note

Owner's Description

This note is the first (P102a) of two varieties for this issue from 1953-60. With emissions in 1953, 1954 (this banknote as a specimen), 1957 & 1958. The Second (P101b) was issued in 1959 & 1960.

This emission was authorised through executive decree # 4 on the 28th of September 1954. With an emission of 500,000 20 Cordoba banknotes with serial numbers 000001 - 500000. There was a total of 3,375,000 20 Cordobas banknotes issued from 1953-60.

The obverse of the banknotes feature Rafaela Herrera a Nicaraguan heroine that helped defend the fortress of the Immaculate Conception during the battle for the Rio San Juan in 1762.

The reverse of the banknote shows a map of the country with the proposed inter-oceanic canal route. This was mooted originally for Nicaragua but Panama became the favoured option.

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