Nicaragua 1912-H Cordoba
This specimen, struck for Nicaragua by the Heaton mint in Birmingham, England, represented the new cordoba series which was to replace the peso. In addition to this cordoba, 1912 saw the issue of a half centavo (KM 10, bronze), one centavo (KM 11, bronze), five centavos (KM 12, copper-nickel), ten centavos (KM 13, silver), 25 centavos (KM 14, silver) and fifty centavos (KM 15, silver). The one cordoba was not issued again as a coin until 1972. None were actually struck in Nicaragua. The majority of survivors have heavy rim bumps like the one shown; specimens without damage command hefty premiums. The Spaniard pictured on the coin is Cordoba himself, who discovered Nicaragua. The second specimen was lot 1607 in Ponterio sale 173 (New York, January 2013), where it sold for $11,750. The catalog description noted, "NICARAGUA. Cordoba, 1912-H. Toned with striking iridescent highlights on both sides. PCGS MS-66. From the Luis H. Flores Collection. Ex: Heaton Mint Archives Collection."
Recorded mintage: 30,000.
Specification: 25 g, .800 fine silver, .723 troy oz ASW.
Catalog reference: KM 16.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
- Ponterio, Richard, Ponterio Sale 173: The January NYINC 2013 Auction, Irvine, CA: Stack's Bowers LLC, 2012.