1 Centavo Copper-Nickel Piedfort

Piedforts — coins struck at double or greater thickness on standard-diameter blanks — were produced almost exclusively as presentation or pattern pieces, never intended for circulation. Nicaragua's 1892 coinage program was tied to the country's broader monetary modernization effort in the final decade of the nineteenth century. A copper-nickel piedfort at this weight would have been struck specifically to demonstrate the die work or metal quality to government officials or treasury examiners, not to fill any commercial need.

KM#P4 is among the scarcest documented pieces from this issue, with surviving examples numbering in the single digits.