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Estimated Value
Based on recent market data
$2.20
Name or Denominations
1 Córdoba (1 NIC)
Issuer
Nicaragua
Ruler
Republic (1854-date)
Year of Minting
1987
Currency
Second Córdoba (1988-1990)
Shape
Round
Rarity
Common
Weight
6.15 g
Diameter
24 mm
Thickness
1.75 mm
Material
Aluminium bronze
Shape
Round
Edge Type
Reeded.
Technique
Milled
Front design
Hat with legend at top, date and wreath at bottom.
Back design
Value in number at center, motto at top and bottom.
Year of Minting
1987
Ruling authority
Republic (1854-date)
Mint location
NA
Mint mark
NA
Orientation
Medal alignment ↑↑
Inscriptions
Obverse: REPUBLICA DE NICARAGUA 1987 Reverse: EN DIOS CONFIAMOS 1 CORDOBA PATRIA LIBRE O MORIR
Context
The 1987 series was initially manufactured to be part of the 1st Córdoba currency. Due to the 1988 redenomination and removal of 3 zeros, the 1987 series was introduced into the 2nd Córdoba currency. While these coins are dated 1987, they were not released into circulation until 1988 after the conversion was made. Due to high inflation caused by fiscal mismanagement in the 1980s, the Córdoba was again redenominated in 1990 at a rate of 1 Córdoba 'Oro' = 5,000,000 'old' Córdobas.
Rarity
Common
Coin type
Standard circulation
In circulation
No
Demonetized
Yes
Marketplace listings
0
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