Slot: |
20 Cordobas 1985 (1988) Issue P152* |
Item: |
Nicaragua, Banco Central "Replacement" 20 Córdobas RB1 1985 (ND 1988) |
Grade: |
PMG 67 EPQ |
Cert #: |
8083129-012
|
Owner Comments
These new issue notes were part of the then Sandinista covert Central Bank operation called Bertha (Operacion Berta), this was in part to help stem the problem of hyper inflation but was also a huge blow to those that held the old currency particularly those in business or had farms and dealt with large sums of cash. These notes are dated 1985 but weren't actually introduced into circulation until the president announced a decree demonetising the old Cordoba on a Sunday which happened to be Valentines Day 14th of February 1988. The general public only had 3 days in which to change over the old currency at official change tables set up throughout the country. The exchange rate was set at 1000 old cordobas for 1 new cordoba and there was a maximum of 10,000,000 old cordobas that could be exchanged per person or business entity. Those that held more than that amount were left with worthless pieces of paper that could be surrender to the central bank for nothing or could be kept as souvenirs, I recall reading a story that some business owners actually got together and had organised a bonfire to burn the old currency! These notes that were issued have several different prefixes from FA, FB, FC, FD and the replacement notes were ZA. None of these prefixes were used for a 500,000 cordoba overprint note (p163) only unused prefixes FE, FF and ZB (replacement notes). I don't have any information on how many were produced but its quite possible there was up to 10,000,000 for each prefix (as I have seen serial numbers from 0-9) so quite possibly up to 40 million were produced and issued. These banknotes feature designs from previous 20 Cordoba issues. The obverse features Commander German Pomares Ordoñez a revolutionary and considered a national hero. He was one of the founders of the Frente Sandinista (FSLN), he fought against the ruling Somoza government and was killed only months before the Sandinistas claimed victory. The reverse of the banknote features a demonstration on agrarian reform with a banner that translates to "We are not birds to live off the air, we are not fish to live off the sea, we are men to live off the land".
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Slot: |
50 Cordobas 1985 (1988) Issue P153* |
Item: |
Nicaragua, Banco Central "Replacement" 50 Córdobas RC1 1985 (ND 1988) |
Grade: |
PMG 66 EPQ |
Cert #: |
8066946-007
|
Owner Comments
These new issue notes were part of the then Sandinista covert Central Bank operation called Bertha (Operacion Berta), this was in part to help stem the problem of hyper inflation but was also a huge blow to those that held the old currency particularly those in business or had farms and dealt with large sums of cash. These notes are dated 1985 but weren't actually introduced into circulation until the president announced a decree demonetising the old Cordoba on a Sunday which happened to be Valentines Day 14th of February 1988. The general public only had 3 days in which to change over the old currency at official change tables set up throughout the country. The exchange rate was set at 1000 old cordobas for 1 new cordoba and there was a maximum of 10,000,000 old cordobas that could be exchanged per person or business entity. Those that held more than that amount were left with worthless pieces of paper that could be surrender to the central bank for nothing or could be kept as souvenirs, I recall reading a story that some business owners actually got together and had organised a bonfire to burn the old currency!
These notes that were issued have several different prefixes from FA, FB, FC, FD and the replacement notes were ZA such as this example. I don't have any information on how many were produced but its quite possible there was up to 10,000,000 for each prefix (as I have seen serial numbers from 0-9) so quite possibly up to 40 million were produced and issued.
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 on this 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.
On the reverse of the note it shows a large crowd gathered for "Jornadas populares de salud" or Popular health days where a child is being vaccinated.
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Slot: |
500 Cordobas 1985 (1988) Issue P155* |
Item: |
Nicaragua, Banco Central "Replacement" 500 Córdobas RF3 1985 (ND 1988) |
Grade: |
PMG 66 EPQ |
Cert #: |
1530349-015
|
Owner Comments
These new issue notes were part of the then Sandinista covert Central Bank operation called Bertha (Operacion Berta), this was in part to help stem the problem of hyper inflation but was also a huge blow to those that held the old currency particularly those in business or had farms and dealt with large sums of cash. These notes are dated 1985 but weren't actually introduced into circulation until the president announced a decree demonetising the old Cordoba on a Sunday which happened to be Valentines Day 14th of February 1988. The general public only had 3 days in which to change over the old currency at official change tables set up throughout the country. The exchange rate was set at 1000 old cordobas for 1 new cordoba and there was a maximum of 10,000,000 old cordobas that could be exchanged per person or business entity. Those that held more than that amount were left with worthless pieces of paper that could be surrender to the central bank for nothing or could be kept as souvenirs, I recall reading a story that some business owners actually got together and had organised a bonfire to burn the old currency!
These notes that were issued have only a couple of different prefixes FA & FB and the replacement notes were ZA. I don't have any information on how many were produced but its quite possible there was up to 10,000,000 for each prefix (as I have seen serial numbers from 0-9) so quite possibly up to 20 million were produced and issued.
This particular note is a replacement note ZA prefix. With a regular issue note to be found in my other sets.
The obverse of the poet as well all previously issued 500 Cordoba banknotes features the portrait of legendary poet Ruben Dario. This would be the last 500 Cordoba banknote he would be featured on as he later is seen on the 100 Cordobas notes from 1990 onwards. The obverse of the note shows a teacher in a classroom full of children with the title "Campaña Nacional de Alfabetizacion" or the National Campaign of Alphabetisation. The blackboard displays words that were used in Sandinista government propaganda at the time:
SANDINO VIVE
Sandino vive
NO PASARAN
No pasaran
LUCHAMOS
PARA VENCER
in English:
SANDINO LIVES
Sandino Lives
THEY SHALL NOT PASS
They shall not pass
WE FIGHT TO WIN
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Slot: |
1000 Cordobas 1985 (1988) Issue P156a* |
Item: |
Nicaragua, Banco Central "Replacement" 1000 Córdobas RG3 1985 (ND 1988) |
Grade: |
PMG 67 EPQ |
Cert #: |
8066946-008
|
Owner Comments
The 1000 Cordoba banknotes were similar to the previous issues however they have changed colour from a greyish/blue to more of a brown with pink the obverse pay homages to revolutionary leader Augusto César Sandino, the rebellious guerrilla leader that fought against the United States involvement and military presence in Nicaragua. He was later executed at the hands of the national guard under orders of General Anastasio Somoza who would later become president and dictator of Nicaragua.
The Sandinistas later adpoted his name for their political party and his famous wide brimmed hat and portrait are widely used in their political propaganda and was also featured on the reverse of the coins issued during the 1980s whilst the Sandinistas were in power.
On the reverse of the banknote is a scene depicting the day of liberation (dia de liberacion) on the 19th of July 1979 showing a large crowd of Sandinista sympathisers celebrating in front of the Cathedral in Managua.
There are two types as identified by Picks 156 a & b but there is actually 4 prefix variations. The a type was Prefixes FA & FB and are a engraved and have a watermark these are a little more scarce to find in UNC condition. The note which is lithographed without a watermark and is identified as the P156 b prefix FC (as seen in set 2). And the replacement/star notes have the prefix ZA such as this one.
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Slot: |
10,000 Cordobas On 10 Cordobas 1988-89 ND Provisional Issue P158* |
Item: |
Nicaragua, Banco Central "Replacement" 10,000 Córdobas on 10 Córdobas RI1a ND (1989) |
Grade: |
PMG 65 EPQ |
Cert #: |
8066946-009
|
Owner Comments
These notes were overprinted on the previously issued 10 Cordobas banknote. They have several different prefixes from FA, FB, FC, FD, FE, FF & FG and the replacement notes were ZA (such as this one) & ZB. I don't have any information on how many were produced but its quite possible there was up to 10,000,000 for each prefix (as I have seen serial numbers from 0-9) so quite possibly up to 70 million but an unknown quantity was overprinted.
These banknotes feature designs from previous 20 & 50 Cordoba issues. The obverse features Comandante Carlos Amador Fonseca that had previously been featured on the 1979 Series E and 1984 Series F 50 Cordoba issues. He was one of the founders of the Frente Sandinista and was killed in 1976 3 years prior to the Sandinistas taking power in 1979. The reverse of the banknote features soldiers marching from the Militia of Popular Sandinistas the same as seen on the 20 Cordobas issues from 1979 and 1984 (unreleased).
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Slot: |
500,000 Cordobas On 1000 Cordobas 1990 ND Provisional Issue P163* |
Item: |
Nicaragua, Banco Central "Replacement" 500,000 Córdobas on 20 Córdobas ND (1990) |
Grade: |
PMG 65 EPQ |
Cert #: |
8066946-012
|
Owner Comments
These notes that were overprinted on the 20 Cordobas P152 notes from 1988 have several different prefixes from FA - FD and the replacement notes were ZA. None of these prefixes were used for this 500,000 cordoba overprint note only the unused prefixes FE, FF and the replacement notes such as this one were ZB. I don't have any information on how many were produced but its quite possible there was up to 10,000,000 for each prefix (as I have seen serial numbers from 0-9) so quite possibly up to 20 million were produced and issued.
These banknotes feature designs from previous 20 Cordoba issues. The obverse features Commander German Pomares Ordoñez a revolutionary and considered a national hero. He was one of the founders of the Frente Sandinista (FSLN), he fought against the ruling Somoza government and was killed only months before the Sandinistas claimed victory. The reverse of the banknote features a demonstration on agrarian reform with a banner that translates to "We are not birds to live off the air, we are not fish to live off the sea, we are men to live off the land".
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Slot: |
10 Cordobas 2007 Polymer Issue P201a* |
Item: |
Nicaragua, Banco Central "Replacement" 10 Córdobas RA2 2007 (ND 2012) |
Grade: |
PMG 66 EPQ |
Cert #: |
1960453-089
|
Owner Comments
The 2007 10 Cordobas banknote together with the 20 Cordobas banknotes were Nicaragua's first emissions in polymer, these undated notes were actually released to the public on the 14th of May 2009. The 10 Cordoba note in the new series replaces the now ageing 2002 Serie A paper banknotes as well as a very short lived 10 Cordobas coin that only lasted 6-12 months before it was withdrawn from circulation.
There are 5 known variations:
The first released notes which feature the serial number prefix A/1 and have the number 10 embossed in the transparent window, these are identified as the Pick 201a I don't have the exact figures but I have seen examples in the 24 millions range (I am guessing there was between 25-30 million). The Central Bank initially put C$44.6 million Cordobas into circulation accounting for 4,460,000 banknotes of 10 cordobas.
The replacement notes for this same release which have the serial number prefix A/R and the same embossed 10 in the transparent window and are pick 201r1. The third variety which is this one featured here is the second release with the same serial number prefix A/1 these would be continued on from the first emission from 25-30 million and onward. I have seen examples in the 30 millions all the way through to 99 million + the later seen in circulation in early to mid 2019. These notes are identical except that the 10 is now in white letters in the transparent window, these are identified as Pick 201b. The replacement notes have the same prefix as the first emission A/R and the difference now being the same number 10 is in white print in the transparent window these are identified as Pick 201r2.
A fifth variety was discovered by a fellow Nicaragua collector in some change he received at the supermarket in May 2019. This time the notes were the same as the second emission however the prefix was now A/2. This was an interesting discovery as these notes although they were still in circulation another whole series had replaced these notes several years prior. I believe the central bank had a large stockpile of these notes that hadn't circulated and had decided to put them into circulation in 2018/19.
The colour green is the continuation of the previous 10 Cordoba banknotes dating back to 1990. The obverse 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 50 Cordobas banknotes from series A & B from 2002 & 2006.
The reverse 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 the short lived emergency issue notes of 1989-90 on the 50,000 Cordobas and 10 million Cordobas with a slightly different design.
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Slot: |
10 Cordobas 2007 Polymer Issue P201b* |
Item: |
Nicaragua, Banco Central "Replacement" 10 Cordobas RA3 2007 (ND 2012) |
Grade: |
PMG 66 EPQ |
Cert #: |
8058540-021
|
Owner Comments
The 2007 10 Cordobas banknote together with the 20 Cordobas banknotes were Nicaragua's first emissions in polymer, these undated notes were actually released to the public on the 14th of May 2009. The 10 Cordoba note in the new series replaces the now ageing 2002 Serie A paper banknotes as well as a very short lived 10 Cordobas coin that only lasted 6-12 months before it was withdrawn from circulation.
There are 5 known variations:
The first released notes which feature the serial number prefix A/1 and have the number 10 embossed in the transparent window, these are identified as the Pick 201a I don't have the exact figures but I have seen examples in the 24 millions range (I am guessing there was between 25-30 million). The Central Bank initially put C$44.6 million Cordobas into circulation accounting for 4,460,000 banknotes of 10 cordobas.
The replacement notes for this same release which have the serial number prefix A/R and the same embossed 10 in the transparent window and are pick 201r1. The third variety which is this one featured here is the second release with the same serial number prefix A/1 these would be continued on from the first emission from 25-30 million and onward. I have seen examples in the 30 millions all the way through to 99 million + the later seen in circulation in early to mid 2019. These notes are identical except that the 10 is now in white letters in the transparent window, these are identified as Pick 201b. The replacement notes have the same prefix as the first emission A/R and the difference now being the same number 10 is in white print in the transparent window these are identified as Pick 201r2.
A fifth variety was discovered by a fellow Nicaragua collector in some change he received at the supermarket in May 2019. This time the notes were the same as the second emission however the prefix was now A/2. This was an interesting discovery as these notes although they were still in circulation another whole series had replaced these notes several years prior. I believe the central bank had a large stockpile of these notes that hadn't circulated and had decided to put them into circulation in 2018/19.
The colour green is the continuation of the previous 10 Cordoba banknotes dating back to 1990. The obverse 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 50 Cordobas banknotes from series A & B from 2002 & 2006.
The reverse 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 the short lived emergency issue notes of 1989-90 on the 50,000 Cordobas and 10 million Cordobas with a slightly different design.
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Slot: |
20 Cordobas 2007 Polymer Issue P202a* |
Item: |
Nicaragua, Banco Central "Replacement" 20 Córdobas RB2 2007 (ND 2012) - Polymer |
Grade: |
PMG 68 EPQ |
Cert #: |
1960453-080
|
Owner Comments
The 2007 20 Cordobas banknote together with the 10 Cordobas banknotes were Nicaragua's first emissions in polymer, these undated notes were actually released to the public on the 14th of May 2009. The 20 Cordoba note in the new series replaces the now ageing 2002 Serie A paper banknotes.
There are 4 listed variations as well as several other variations that aren't listed:
The first released notes which feature the serial number prefix A/1 and have the number 20 embossed in the transparent window, these are identified as the Pick 202a I don't have the exact figures but I have seen examples in the 14 millions range (I am guessing there was between 15-20 million as I have seen example of 202b from 23 millions onwards). The Central Bank initially put C$85.4 million Cordobas into circulation accounting for 4,270,000 banknotes of 20 cordobas.
This example shown is the replacement note for this same release which have the serial number prefix A/R and the same embossed 20 in the transparent window and are identified as pick 202r1.
The next variety is the the second release with the same serial number prefix A/1 but with the number 20 in white in the transparent window these would be continued on from the first emission from 15-20 million and onward. The replacement notes for the second issue have the prefix Z/1 with the same number 20 in white text in the transparent window, these are identified as pick 202r2.
There is some further unlisted variations that have been discovered on the 2nd emission. What appears on the later regular issue and also replacement notes is a shaded rectangular box surrounding both of the serial numbers. Also there was an issue with several of these later notes that the serial numbers were easily removed causing some confusion in a small town of Nicaragua that reported having many notes that had no serial numbers as the ink literally could just rub off on your fingertips! A fellow collector has also identified some differences in the signatures also.
The 20 Cordobas banknote pays tribute to the culture of the Caribbean on the less populated East Coast of Nicaragua. A modest hut from the "Costa Caribe" Caribbean Coast is on the obverse as well as a girl pounding grain as the transparent watermark. The reverse shows the traditional "Palo de Mayo" Maypole dance a traditional Afro-Caribbean dance that dates back to the 1800s.
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Slot: |
20 Cordobas 2007 Polymer Issue P202b* |
Item: |
Nicaragua, Banco Central "Replacement" 20 Córdobas RB3 2007 (ND 2012) - Polymer |
Grade: |
PMG 68 EPQ |
Cert #: |
8056530-015
|
Owner Comments
The 2007 20 Cordobas banknote together with the 10 Cordobas banknotes were Nicaragua's first emissions in polymer, these undated notes were actually released to the public on the 14th of May 2009. The 20 Cordoba note in the new series replaces the now ageing 2002 Serie A paper banknotes.
There are 4 listed variations as well as several other variations that aren't listed:
The first released notes which feature the serial number prefix A/1 and have the number 20 embossed in the transparent window, these are identified as the Pick 202a I don't have the exact figures but I have seen examples in the 14 millions range (I am guessing there was between 15-20 million as I have seen example of 202b from 23 millions onwards). The Central Bank initially put C$85.4 million Cordobas into circulation accounting for 4,270,000 banknotes of 20 cordobas.
This example shown is the replacement note and as at November 2020 was only 1 of 3 that are all graded in 68 EPQ.
The next variety is the the second release with the same serial number prefix A/1 but with the number 20 in white in the transparent window these would be continued on from the first emission from 15-20 million and onward. The replacement notes for the second issue have the prefix Z/1 with the same number 20 in white text in the transparent window, these are identified as pick 202r2.
There is some further unlisted variations that have been discovered on the 2nd emission. What appears on the later regular issue and also replacement notes is a shaded rectangular box surrounding both of the serial numbers. Also there was an issue with several of these later notes that the serial numbers were easily removed causing some confusion in a small town of Nicaragua that reported having many notes that had no serial numbers as the ink literally could just rub off on your fingertips! A fellow collector has also identified some differences in the signatures also.
The 20 Cordobas banknote pays tribute to the culture of the Caribbean on the less populated East Coast of Nicaragua. A modest hut from the "Costa Caribe" Caribbean Coast is on the obverse as well as a girl pounding grain as the transparent watermark. The reverse shows the traditional "Palo de Mayo" Maypole dance a traditional Afro-Caribbean dance that dates back to the 1800s.
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Slot: |
50 Cordobas 2007 Polymer Issue P203* |
Item: |
Nicaragua, Banco Central "Replacement" 50 Córdobas RC2 2007 |
Grade: |
PMG 67 EPQ |
Cert #: |
8066952-015
|
Owner Comments
These all new designed 50 Cordobas notes were released into circulation of the 3rd of December 2009.
There is the regular issue notes with the A/1 prefix and the replacement notes such as this example with the A/R prefix.
The obverse of the note features "Ceramica Nacional" National Ceramic or pottery, pieces of art that are typically produced in small towns the most well known is San Juan de Oriente near the city of Masaya.
The rear of the note features the Somoza Canyon a picturesque tourist destination in the Northern part of the country. And is depicted on the following commemorative 50 cordobas note also.
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Slot: |
100 Cordobas 2007 Polymer Issue P204a* |
Item: |
Nicaragua, Banco Central "Replacement" 100 Córdobas RD2 2007 |
Grade: |
PMG 65 EPQ |
Cert #: |
8068429-006
|
Owner Comments
These all new designed 100 Cordobas banknotes were introduced into circulation on the 1st of June 2009. There was a slightly updated design to celebrate the 100th anniversary of the currency the Cordoba (P208) which features a wider security thread, as well as the words 1912 - 2012 Centenario del Cordoba as a watermark on the top LH side.
The notes had a prefix A/1 whilst the replacement/star notes had the prefix A/R. For the second emission this was changed to Z/1 (P208*).
This is the replacement note and you can find a regular issue in my other sets.
I am unsure on the actual emission for this series, but I estimate it to be around 30-40 million. I have seen notes up to 28*** and in the second emission I have seen notes from 49*** onwards.
The obverse of the banknote features the Ruben Dario Monument located in the "old downtown area" in Managua, near Lake Managua. The Statue was inaugurated on the 24th of September 1933 and over the years fell into disrepair. It was fully restored in 1998.
The reverse of the note features the famous Catedral de Leon (Leon Cathedral) It is the largest Cathedral in all of Central America, it is a World Heritage Listed site by UNESCO that was built between 1747 and 1817. In the crypts below the cathedral are the remains of several prominent Nicaraguans including Miguel Larreynaga and Ruben Dario among others. It was later to be featured on the 500 Cordoba notes.
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Slot: |
200 Cordobas 2007 Polymer Issue P205a* |
Item: |
Nicaragua, Banco Central "Replacement" 200 Córdobas RE1 2007 |
Grade: |
PMG 67 EPQ |
Cert #: |
8068429-008
|
Owner Comments
The introduction of the new 200 Cordoba banknote was the first time this denomination was used in Nicaragua and has now become a necessity in circulation as a bridge between the commonly used 100 and 500 Cordobas notes.
There are several varieties in this emission. This note was part of the original emission that was released into circulation on the 1st of June 2009 and has 200 embossed on the clear transparent window and is identified as P 205a. The replacement or star notes had the prefix A/R.
This note is a replacement note and a regular issue can be found in my other sets.
The second release with the white 200 lettering in the transparent window was put into circulation on the 26th of July 2012. The replacement star notes start with the prefix Z/1 (One can be seen in the 1st set). Later on some examples surfaced on this note as well as the 20 cordoba note that had a shaded box surrounding the serial numbers and this was over both the regular issue and replacement notes creating a total of 6 varieties for this issue.
The obverse of the note features folklore dancing. The reverse of the note features the Island of Ometepe, located in the large Lake Nicaragua, with its famous two peaks of the Volcanoes. It also features the Guardabarranco the Nicaraguan national bird.
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Slot: |
200 Cordobas 2007 Polymer Issue P205b* |
Item: |
Nicaragua, Banco Central "Replacement" 200 Córdobas RE2 2007 - Polymer |
Grade: |
PMG 65 EPQ |
Cert #: |
8055667-033
|
Owner Comments
The introduction of the new 200 Cordoba banknote was the first time this denomination was used in Nicaragua and has now become a necessity in circulation as a bridge between the commonly used 100 and 500 Cordobas notes.
There are several varieties in this emission. This is the second release with the white 200 lettering in the transparent window. The original emission was released into circulation on the 1st of June 2009 and has 200 embossed on the clear transparent window and is identified as P 205a. The replacement or star notes had the prefix A/R.
The second release was put into circulation on the 26th of July 2012. This particular note is a replacement star note with the prefix Z/1 and is a relatively low serial number example. Later on some examples surfaced on this note as well as the 20 cordoba note that had a shaded box surrounding the serial numbers and this was over both the regular issue and replacement notes creating a total of 6 varieties for this issue.
The obverse of the note features folklore dancing. The reverse of the note features the Island of Ometepe, located in the large Lake Nicaragua, with its famous two peaks of the Volcanoes. It also features the Guardabarranco the Nicaraguan national bird.
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Slot: |
500 Cordobas 2007 Polymer Issue P206b* |
Item: |
Nicaragua, Banco Central "Replacement" 500 Córdobas RF5 2007 - Wmk: A.C. Sandino |
Grade: |
PMG 67 EPQ |
Cert #: |
8066952-016
|
Owner Comments
These newly designed 500 Cordobas were released initially on the 13th of January 2010 (P206a) which featured a thin security strip and a matte bank logo on the top right hand corner. The updated design the P206b had a wider security thread and a holographic bank logo was released on the 22nd of May 2012. Both of these notes featured the prefix A/1.
This particular example is a replacement note which was only seen as the updated design (P206b) with the prefix Z/1.
The obverse of the note features Sandinos modest childhood home. Which was previously featured on the 1000 Cordobas notes from 1979-1985.
The revolutionary leader Augusto César Sandino, the rebellious guerrilla leader that fought against the United States involvement and military presence in Nicaragua. He was later executed at the hands of the national guard under orders of General Anastasio Somoza who would later become president and dictator of Nicaragua.
The reverse of the banknote features Indigenous Statues or Totem poles.
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