Nicaragua Complete Set # 2
50,000 Cordobas 1988-89 ND Provisional Issue P161

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Note Details

Set Details
Note Description: Nicaragua, Banco Central
50,000 Córdobas ND (1989)
Grade: 66 EPQ
Country: NIC
Note Number: NIC161
Signatures/
Vignettes:		 - Wmk: A.C. Sandino
Certification #: 8066946-011  
Owner: Love Collection
Sets Competing: Nicaragua Complete Set # 2  Score: 37
Date Added: 11/29/2019
Research: See PMG's Census Report for this Note

Owner's Description

These notes were issued as inflation started to become rampant towards the end of the 1980s. Other notes from the previous issue were overprinted with higher denominations.

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 this issue the 50,000 and also on the 10 million Cordobas notes from 1989/90. And finally on the 2002/06 500 Cordobas banknotes.

The reverse of the banknote features Hacienda San Jacinto a farm located in the municipality of Tipitapa about 30 mins away from the capital of Managua. This farm was home to the battle of San Jacinto which took place on the 14th of September 1856. This scene was first depicted on the Series C 10 Cordobas banknote from 1972. Later it was featured on both the series A & B 2002 & 2006 500 Cordobas banknotes. The same Hacienda was also featured on these short lived emergency issue notes of 1989-90 on the 50,000 Cordobas and the 10 million Cordobas with a slightly different design. And it returned to the newly issued 2016/19 1000 Cordobas banknotes.

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