Nicaragua - The Land of Lakes and Volcanoes
50 Cordobas 2002 Issue P193

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Note Details

Set Details

Note Description: Nicaragua, Banco Central
50 Córdobas 2002
Grade: 67 EPQ*
Country: NIC
Note Number: NIC193
- Wmk: P.J. Chamorro & 50
Certification #: 8066952-011  
Owner: Love Collection
Sets Competing: Nicaragua - The Land of Lakes and Volcanoes  Score: 95
Date Added: 11/29/2019
Research: See PMG's Census Report for this Note

Owner's Description

These all new designs for the 2002 series A notes were the first release in the Cordoba Oro to have been consolidated with all the denominations (from 10 through to 500 Cordobas) to be uniform in design, being the first time since the first notes were released in 1990.

This same design was carried over to the following 2006 series B notes.

This particular note has received the prestigious PMG Star designation also the previous 2001 issue and the following 2006 50 Cordobas from this set have received the same honours.

I don't have exact figures but I believe there was approximately 12/15 million of these notes produced based on the serial numbers I have seen for this issue.

Just like almost all the previous 50 Cordoba banknotes dating back to 1929 and continued through to the current releases purple is the dominant colour. The only note that wasn't purple was the 1985 (1988) issue which was featured red tones. Pedro Joaquin Chamorro's portrait is featured on the obverse of the banknote. Chamorro is featured on the 50 Cordobas banknote following on from the 1990, 1995 & 2001 issues.

Pedro Joaquin Chamorro was the editor of La Prensa (The Press) Newspaper in Nicaragua he was an outspoken critic of the Somoza dictatorship and was gunned down by unknown gunmen in his car in January 1978. Following his assassination there was riots and strikes throughout the capital of Managua and around the country. His widow Violeta Barrios de Chamorro later became president of Nicaragua in 1990.

The reverse of the banknotes feature the Fortress of the Immaculate Conception (Castillo Inmaculada Concepcion). This fortress is a World Heritage listed site that was originally constructed in 1675 along the banks of the San Juan River in El Castillo in Southern Nicaragua. The purpose of this fort was to protect the city of Granada from Pirate attacks. A scene depicting the Fortress is also present on the reverse of the 1000 Cordobas banknotes from 2016/19.

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