© Heritage Auctions
© Heritage Auctions
1 Real
1824 year| Silver | - | - |
| Issuer | Nicaragua |
|---|---|
| Period | State of the Federal Republic of Central America (1823-1838) |
| Type | Standard circulation coin |
| Year | 1824 |
| Value | 1 Real |
| Currency | Granada - Real (1823-1824) |
| Composition | Silver |
| Shape | Cob |
| Technique | Hammered (cob) |
| Orientation | Coin alignment ↑↓ |
| Demonetized | Yes |
| Updated | 2024-10-06 |
| Numista | N#75646 |
|---|---|
| Rarity index | 94% |
Reverse
Cross divides pomegranate (Granada in Spanish, from where the city name comes from) and flowers. (Stamp is from Guatemala, being so rare no other example could be found).
Comment
In their search to become Nicaragua's capital and dominant city, many cities started minting their own coins to show supremacy. Many are of very poor quality and ultra rare.Interesting fact
The 1 Real 1824 coin from Nicaragua made of Silver is interesting because it was minted during the First Mexican Empire, which was established by Agustín de Iturbide, who was a Mexican army general and politician. He was instrumental in Mexico's independence from Spain and became the emperor of Mexico in 1824. The coin was likely minted to commemorate this event and may have been used as currency during this time.
