Nicaragua 1929 50 centavos

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from the Stack's Bowers 2017 Collector's Choice sale, lot 72840
Nicaragua SB517-72840r.jpg

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 fifty centavos, 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 one cordoba (KM 16, silver). The fifty centavos was not issued again until 1929 and then none until 1939. The smaller denominations were issued with greater frequency. None were actually struck in Nicaragua. The Spaniard pictured on the coin is Cordoba himself, who discovered Nicaragua. This specimen was lot 72840 in Stack's Bowers Collectors Choice Online Auction (Santa Ana, CA, May 2017), where it sold for $176.25. The catalog description[1] noted, "NICARAGUA. 50 Centavos, 1929. NGC MS-62. Medal rotation. Bold strike with good luster. Provenance: From the Richard Stuart Collection."

Recorded mintage: 20,000.

Specification: 12.5 g, .800 fine silver, .321 troy oz ASW.

Catalog reference: KM 15.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
  • [1]Ponterio, Richard, Ponterio Sale 173: The January NYINC 2013 Auction, Irvine, CA: Stack's Bowers LLC, 2012.

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