Nicaragua HBNC Set
10 Centavos 1935-38 Issue P79

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Note Details

Set Details
Note Description: Nicaragua, Banco Nacional
10 Centavos 1938
Grade: VF 30
Country: NIC
Note Number: NIC79
Signatures/
Vignettes:		 - Printer: HBNC
Certification #: 8065633-007  
Owner: Love Collection
Sets Competing: Nicaragua HBNC Set  Score: 251
Date Added: 8/8/2020
Research: See PMG's Census Report for this Note

Owner's Description

1938 was a busy year for fractional currency in Nicaragua. This note which was an all new design produced by Hamilton Bank Note Co, and the other issue for the year P87 which was similar to the previous 1912 issue (P52). These notes featured the previous Finance Minister's signature from Don Jose Benito Ramirez.

I believe there was a total of 1,00,000 of these notes produced and authorised for circulation in several decrees.
The first executive decree was number 70 on the 10th of May 1938 for 150,000 notes from 000001 through to 150000.
Then I don't know why exactly there is a discrepancy for executive decree 76 for a further 216,000 from 144001 through to 360000. Then on the 21st of July through executive decree 79 a further 108000 notes issued from 378001 through to 486000.
Then a further 3 releases through executive decree 82 on the 9th of August 1938 as follows:
168000 notes from 486001 to 654000
168000 notes from 654001 to 822000
178000 notes from 822001 to 1000000

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