Nicaragua 1987 5 centavos
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.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.