Nicaragua 1974 10 centavos

from the Mountain Groan Collection

This specimen is the first coin issued by Nicaragua as part of the F.A.O. series, along with a related five centavos. 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. A regular issue ten centavos also exists for 1974 (KM 30).

Recorded mintage: 2,000,000.

Specification: aluminum.

Catalog reference: KM 29.

Source:

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

Link to:

• Nicaragua 1962 10 centavos
• Nicaragua 1974 5 centavos
• Nicaragua 1974 50 centavos
• 1978 10 centavos
• Coins and currency dated 1974
• return to coins of Nicaragua