Nicaragua - The Land of Lakes and Volcanoes
50 Cordobas Decreto 26.4.1962 P111

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Note Details

Set Details
Note Description: Nicaragua, Banco Central
50 Córdobas ND (1962) - Printer: ABNC
Grade: AU 55 EPQ
Country: NIC
Note Number: NIC111r
Signatures/
Vignettes:		 Remainder
Certification #: 1407600-011  
Owner: Love Collection
Sets Competing: Nicaragua - The Land of Lakes and Volcanoes  Score: 269
Date Added: 9/1/2020
Research: See PMG's Census Report for this Note

Owner's Description

These new issue 1962 Series A banknotes were produced for the newly incorporated Banco Central de Nicaragua (Nicaraguan Central Bank). They were authorised on the 26th of April 1962 through Executive Decree # 71. The initial amount was for 800,000 50 Cordobas banknotes to be issued. This was then expanded through an executive decree # 68 on the 4th of April 1963 to include a total of 1.8 million 50 Cordobas banknotes. From Serial number 000001 through to 1800000.

This has caused both 6 and 7 digit serial number variations those below 1 million with 6 digits and from 1000000 through to 1170000 with 8 digits.

This example is a remainder note.

The obverse of the notes feature the effigy of Maximo Jerez a Nicaraguan politician and military leader from the mid 19th century. He is featured on many 50 Cordoba banknotes through to 1978.

The rear of the note shows Francisco Hernandez de Cordoba, the Nicaraguan currency's namesake. He was a Spanish explorer and the founder of the cities of Leon and Granada in Nicaragua.

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