Nicaragua Complete Set # 2
100 Cordobas Decreto 16.8.1979 P132

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Note Details

Set Details

Note Description: Nicaragua, Banco Central
100 Córdobas 1979
Grade: 64
Country: NIC
Note Number: NIC132
- Printer: TDLR
Certification #: 1859931-008  
Owner: Love Collection
Sets Competing: Nicaragua- Thomas de la Rue Set  Score: 24
Nicaragua Complete Set # 2  Score: 24
Date Added: 10/30/2019
Research: Currently not available

Owner's Description

These banknotes were authorised for emission through an executive decree # 45 on the 16th of August 1979 for 9 million 100 Cordobas notes to be issued, this was done shortly after the Sandinista's had taken control over the country. These were to replace what was originally to be produced through a Series D but only included the 20 & 50 Cordobas denominations (I could imagine for the political instability at the time) however it was supposed to be a complete series from 2 Cordobas through to 1000 Cordobas.

What was interesting was only less than a month later they authorised the emission of 1.6 million 100 Cordobas banknotes from the 1972 series C. These were to be from serial number 5500001 through to 7100000. This is where it gets interesting they have continued the serial numbers on from 7100001 through to 1610000. Creating both 7 and 8 digit serial numbers varieties. This note with the serial # 7100397 is actually a low serial number variety.

With the following emissions they changed the design however they extended the serial numbers again this time for P137 through to separate decrees in 1980 & 1983 for a further 5 & 7.5 million notes respectively creating two further signature varieties. With the serial numbers continuing from 16100001 through to 28600000.

The obverse of the banknote features Jose Dolores Estrada a Nicaraguan National Hero that was in charge of an army that helped defeat the filibuster army of William Walker in the battle at San Jacinto Hacienda in 1856. He was featured on the 100 Cordobas banknotes from 1962 through to 1984, then the 50 Cordoba banknote from 1988, as well as the 50,000 and 10 million Cordobas notes from 1989/90. And finally on the 2002/06 500 Cordobas banknotes.

The reverse of the note features the National flower the Sacjuanjoche.

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