Catalog
10 Córdobas Ferdinand Magellan
| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 2021 |
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| Reference(s) | KM#150 |
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| Reverse description | A draped bust of Ferdinand Magellan, the Portuguese explorer, faces three-quarters to the right, rendered in high relief with a broad-brimmed hat and beard. In the left field, the dagger cross symbol followed by the date of his death '†1521' is inscribed. A sailing vessel appears in the lower left field behind his bust, referencing his historic circumnavigation. The legend 'FERDINAND MAGELLAN' arcs along the upper periphery, and the commemorative year '2021' appears in the lower exergue, marking the 500th anniversary of his death. |
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| Mintage | 2021 - Proof |
| Additional information |
Nicaragua's issuance of gold miniature coins honoring Magellan sits in an awkward historical position: Magellan never reached Nicaragua, and his 1519–1522 expedition — the first to circumnavigate the globe — was a Spanish venture that left him dead on a Philippine beach at Mactan before the journey was even complete. It was his Basque navigator Juan Sebastián Elcano who brought the Victoria home to Seville.
The .585 fineness places this squarely in 14-karat territory, a common choice for low-weight bullionette issues aimed at the souvenir and collector markets rather than any investment function.