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1 Centavo Pattern strike

Issuer Nicaragua
Year 1892
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Value 1 Centavo (0.01)
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Reverse description Within a wreath of oak leaves tied at the base with a ribbon bow, the denomination numeral '1' appears prominently at center, with the word CENTAVO inscribed below in bold serif lettering, and the date 1892 positioned beneath. The wreath is finely detailed with individually rendered leaves and the overall composition is well-centered within a milled outer border, characteristic of pattern coinage of the period.
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Mintage 1892
Additional information

Nicaragua's 1892 coinage project was tied to the government's effort to establish a modern decimal currency system in the early republic period, and pattern strikes like this one were produced to test compositions before committing to full production runs. Copper-nickel was a deliberate alternative to bronze, favored by several Latin American mints in the 1880s and 1890s for its durability in tropical climates where humidity accelerated corrosion of copper-heavy alloys.

Pattern coinage for Nicaragua from this period is genuinely scarce in the numismatic record — KM catalogues only a handful of Pn-series entries for this year.

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