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Nicaragua Polymer discovery

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Nicaragua 200 Cordoba polymer note discovery

At the local flea/collector’s market last Friday, I was offered the following nine polymer partly printed Nicaragua 200 Polymer notes. It is impossible to tell whether they are the 2009 original issues or the 2012 reprints. I have to add that this market is located in Yogyakarta, Indonesia and the vendor was not a local. I was told that these notes were salvaged from a waste paper treating facility. I know that in the past, quite a large number of currency notes including high denominations were found in these places – there are several in Indonesia. Due to generally very low unskilled wages, many people here are drawn to sift through paper and other waste in order to source items of value.

It seems that, at first glance, the notes look similar; there are differences in the amount of times these items have been through the printing procedure. These are made using the Guardian method as mentioned on the Innovia Security website. Most of the security features appear to be absent except that some but not all notes possess “shadow images” or “iridescent features”(I don’t know how to tell them apart).

For further comment, I will now download the images:




This is the only example that I have without the signature of the president of BCN.




The back of the note is completely blank. The only one like this of the lot.


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Front side looks similar to 3.0 except there is no raised "iredescent feature" to the above left of printed Isla de Ometepe. This one of two notes - other being 3.0 - containing bottom edge of note.




Very few elements of back showing.




Raised "iredescent feature" to the above left of printed Isla de Ometepe.




Many more elements of back printing shown








Several of these items contained in lot.














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