Nicaragua 1887-H 20 centavos

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from the Mountain Groan Collection
Nicaragua 1887H 20 centavos rev DSLR.jpg
Ponterio sale 173, lot 1598
Nicaragua 1887H 20 centavos rev Ponterio 173-1598.jpg

This specimen, struck for Nicaragua by the Heaton mint in Birmingham, England, was the second twenty centavos struck for that country. It is accompanied by silver five and ten centavos. In 1912 the peso was dropped in favor of the cordoba and new coins issued. This type is not scarce except in Uncirculated or Proof. The second specimen was lot 1598 in Ponterio sale 173 (New York, January 2013), where it sold for $822. The catalog description[1] noted, "NICARAGUA. 20 Centavos, 1887-H. Light peripheral toning. NGC SP-63. From the Luis H. Flores Collection."

Recorded mintage: 1,000,000 plus proofs.

Specification: 5 g, .800 fine silver, .128 troy oz ASW.

Catalog reference: KM 7.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • [1]Ponterio, Richard, Ponterio Sale 173: The January NYINC 2013 Auction, Irvine, CA: Stack's Bowers LLC, 2012.

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