Nicaragua 1972 50 centavos

from the Mountain Groan Collection

This specimen is the next-to-final date of a type issued 1939, 1946, 1950-56, 1965 and 1972-74. Nicaragua, never prosperous, suffered severely in the earthquake of 1972 and the subsequent incompetent and corrupt response by the Somoza regime. In 1979, the Somozas were overthrown by the Sandinistas, an event which led to the notorious Iran-Contra affair.

Recorded mintage: 20,000 proofs.

Specification: 7.92 g, copper-nickel, 26 mm diameter.

Catalog reference: KM 19.3.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

Link to:

• 1956 50 centavos
• 1972 cordoba
• 1974 50 centavos
• Coins and currency dated 1972
• return to coins of Nicaragua