NICARAGUA. Republica de Nicaragua. 5 Pesos, 1908. P-36s. Specimen. PMG Extremely Fine 40.

Specimen overprints and punch cancels printed by Waterlow Brothers & Layton, Limited. A short lived series with just the 50 Centavo and One Peso notes bearing a 1906 series date and the higher denominations all with this 1908 engraved date. Noticeably differing printing processes when compared to Waterlow & Sons imprinted notes although the overall style is similar. Excellent color here and a catalog number that is rare in issued form. The first we have handled in any form. PMG Extremely Fine 40.

From the Collection of Dr. James Eustace Bizzell, II.