10 Centavos

1981 year


Aluminium	1.3 g	19.5 mm

Description

Issuer	Nicaragua
Issuing bank	Central Bank of Nicaragua (Banco Central de Nicaragua)
Period	Republic (1854-date)
Type	Standard circulation coin
Year	1981
Value	10 Centavos (0.10)
Currency	First Córdoba (1912-1987)
Composition	Aluminium
Weight	1.3 g
Diameter	19.5 mm
Shape	Round
Technique	Milled
Orientation	Coin alignment ↑↓
Demonetized	15 February 1988
Updated	2024-10-06

References

Numista	N#6876
Rarity index	19%

Reverse

Value in number at center, motto at top and bottom.

Script: Latin

Lettering:
EN DIOS CONFIAMOS
10
CENTAVOS
PATRIA LIBRE O MORIR

Translation:
In God we trust
Free homeland or death.

Edge

Reeded

Comment

After the 1979 Nicaraguan Revolution, the Sandinista government redesigned the national coinage to reflect Nicaraguan (and Latin American) nationalism.

Augusto Nicolás Sandino was a Nicaraguan revolutionary who conducted a guerrilla war against the United States Marine Corps in the 1920s and 1930s. He was assassinated in 1934 and became a hero among the Nicaraguan people.

Due to fiscal mismanagement in the mid-1980s, the Nicaraguan Córdoba was redenominated in 1988 at a rate of 1 "new" Córdoba = 1,000 "old" Córdobas.

Interesting fact

The 10 Centavos coin from Nicaragua, made of Aluminium and weighing 1.3 grams, is interesting because it was produced during a time of economic turmoil in the country. In 1981, Nicaragua was facing high inflation and political instability, which led to a decrease in the value of its currency. Despite these challenges, the production of coins like the 10 Centavos continued, serving as a symbol of resilience and determination for the Nicaraguan people.