
Printed 'Banco Nacional de Nicaragua, Managua' cover franked with 1937 3c chocolate and 5c vermilion both with circular 'Arms' OFFICIAL overprints in black (SG O937/O938, the 3c has torn corner) tied by boxed CORREO ORDINARIO MANAGUA cancels with official cachet alongside. Addressed to SWITZERLAND with CORINTO transit cds on reverse. Uncommon issue on cover.