2 cordobas 1972

Common. This is a regular issue 1972 banknote from an established national bank with substantial print runs. eBay price tracking data provided shows consistent market activity spanning from 2012 to 2025, with UNC examples regularly selling between $0.99 and $4.25 (most sales in the $1-3.50 range), and 2019 catalog values listing UNC at $6. These modest prices and ongoing steady sales activity indicate this is a common note with no scarcity premium. The Series C designation and serial number pattern suggest multiple series and large printing quantities typical of circulation currency.

Issued in April 1972 by the Banco Central de Nicaragua, this note reflects the country's focus on agricultural and institutional modernization during the early 1970s. The prominent depiction of the modern Central Bank building on the obverse symbolizes financial stability and institutional development, while the reverse's cotton field ('Sembradío de Algodón') highlights Nicaragua's important agricultural heritage and cotton production, which was a major export commodity for the nation during this period.

The obverse features a pink and beige background with green ornamental borders and an elaborate architectural vignette of the modern multi-story Central Bank of Nicaragua building prominently displayed on the right side, symbolizing institutional strength and modernity. The reverse showcases an extensive agricultural landscape depicting rows of cotton plants ('Sembradío de Algodón') receding into the distance, representing the nation's agricultural wealth. Both sides are dominated by an ornate central medallion containing the numeral '2' with radiating decorative patterns in pink, orange, and blue, with corner denominations in decorative circular frames. Three signature lines at the bottom of the obverse represent the three highest officials required to authorize currency: the President of the Republic, the President of the Central Bank, and the Manager of the Central Bank. The fine filigree work, intricate line work, and multi-layered design elements throughout demonstrate exceptional engraving craftsmanship.

FRONT SIDE: 'BANCO CENTRAL DE NICARAGUA' (Central Bank of Nicaragua), 'DOS CORDOBAS' (Two Cordobas), 'SERIE C' (Series C), Serial number: 20145934, 'RESOLUCION DEL CONSEJO DIRECTIVO DEL BANCO CENTRAL DE NICARAGUA, DE 20 DE ABRIL DE 1972' (Resolution of the Board of Directors of the Central Bank of Nicaragua, of April 20, 1972), 'DECRETO EJECUTIVO Nº 73-MEIC DE 27 DE ABRIL DE 1972' (Executive Decree No. 73-MEIC of April 27, 1972), Signature lines for 'PRESIDENTE DE LA REPUBLICA' (President of the Republic), 'PRESIDENTE DEL BANCO CENTRAL DE NICARAGUA' (President of the Central Bank of Nicaragua), and 'GERENTE DEL BANCO CENTRAL DE NICARAGUA' (Manager of the Central Bank of Nicaragua), 'THOMAS DE LA RUE & COMPANY, LIMITED' (printer attribution). BACK SIDE: 'BANCO CENTRAL DE NICARAGUA' (Central Bank of Nicaragua), 'DOS CORDOBAS' (Two Cordobas), 'SEMBRADIO DE ALGODON' (Cotton Field).

Intaglio (recess printing/engraving) by Thomas de la Rue & Company Limited, London, the renowned security printer. This technique is evident from the crisp, sharp line work, fine detail in the ornamental patterns, complex filigree designs, and the dimensional quality of the central medallion and agricultural scene. Multiple color plates were used to create the multicolor underprint and overprint effects visible in the pink, beige, green, brown, orange, and blue hues, consistent with professional currency production standards of the era.

This example is identified as Series C, as indicated by the 'SERIE C' marking visible on the obverse. The visual analysis identifies three signature positions for the three highest officials required to authenticate the note. The specific serial number '20145934' represents one note within a larger series. Known varieties of Pick 121a may include different signature combinations depending on when different officials served, but the 1972 date and Series C designation with the three-signature configuration appear consistent with the standard 1972 issue. No overprints or exceptional varieties are observed in this specimen.