Nicaragua 1987 5 centavos

from the Mountain Groan Collection

This one year type is common in all grades. 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. This coin, issued by the Sandinistas, was accompanied by ten, twenty-five, 50 centavos, one and five cordobas.

Recorded mintage: 38,000,000.

Specification: 0.75 g, aluminum, 15 mm diameter.

Catalog reference: KM 55.

Source:

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

Link to:

• 1987 10 centavos
• Nicaragua 1980 50 centavos
• 1987 25 centavos
• 1987 50 centavos
• 1987 cordoba
• 1987 5 cordobas
• Coins and currency dated 1987
• return to coins of Nicaragua