Nicaragua 1943 centavo

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Steve Album sale 38, lot 3823
Nicaragua SA38-3823r.jpg

This specimen was lot 3823 in Stephen Album sale 38 (Santa Rosa, CA, September 2020), where it sold for $95.20. The catalog description[1] noted, "NICARAGUA: Republic, centavo, 1943, reverse struck-through error, one-year type, NGC graded MS65." This specimen is from a type struck 1943 only for Nicaragua, and was the first issue featuring the conquistador Cordoba. The type is common in circulated condition. It was accompanied by brass five (KM 21), ten (KM 22) and twenty-five centavos (KM 23). In 1967, the brutal and corrupt Luis Somoza died of a heart attack and was succeeded by his brutal, corrupt and incompetent brother, Anastasio, with baleful consequences for Nicaragua.

Recorded mintage: 1,000,000.

Specification: brass, 18 mm diameter.

Catalog reference: KM-20.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Flores, Luis H., Nicaragua: Its Coins, Paper Money, Medals and Tokens, Managua: La Prensa, 2002.
  • Harris, Robert P., A Guide Book of Modern Latin American Coins, Racine, WI: Whitman Publishiing Co., 1966.
  • Robinson, Charles, The Coins of Central America, 1733-1965, San Benito, TX: 1965.
  • Stickney, Brian, A Monetary History of Central America, New York: American Numismatic Society, 2017.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 38, featuring the Dabestani Collection of Persian Coins, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2020.

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