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10 Córdobas Ferdinand Magellan
| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 2021 |
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| Composition | Log in to see details |
| Weight | 0.5 g |
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| Obverse description | Central design features the Nicaraguan national emblem: an equilateral triangle enclosing a radiant sun rising over a range of five volcanoes, set above a sea, with rays emanating from the solar disc. The denomination '10 CÓRDOBAS' appears in the exergue within the triangle's base. The legend 'REPÚBLICA DE NICARAGUA' arcs along the upper periphery, while 'AMÉRICA CENTRAL' curves along the lower periphery, both separated by small star stops. A beaded border frames the entire design. |
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| Edge | Reeded |
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| 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.