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| Issuer | Nicaragua |
|---|---|
| Year | 1990 |
| Type | Non-circulating coin |
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| Obverse description | Central device depicts the Nicaraguan coat of arms in simplified form: a triangle enclosing five volcanic peaks rising from the sea, surmounted by a radiant sun and a Phrygian cap atop a staff, all within a plain inner circle. The date 1990 appears in the exergue below the triangle. The encircling legend reads REPUBLICA DE NICARAGUA above and AMERICA CENTRAL below, each separated by a five-pointed star, all rendered in bold upright lettering against a flat, polished field. |
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| Reverse lettering | XXV OLIMPIADA DE VERANO 10000 CORDOBAS 999 BARCELONA 1992 (Translation: 25th Summer Olympics) |
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| Additional information |
Nicaragua's 1990 Olympic commemorative program was issued under the Chamorro government, which had just defeated the Sandinistas in the February election — making this one of the first numismatic releases of the new administration. The country was emerging from a decade of trade embargo and civil war, and hard currency was scarce enough that coins like this were never intended for domestic circulation.
Barcelona '92 licensing agreements required issuing nations to commit to full series production years ahead of the Games, which explains the early 1990 date on a coin commemorating an event still two years away.