Catalog
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| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 1980 |
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| Currency | First Córdoba (1912-1987) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse features conjoined busts of Augusto César Sandino (left) and Carlos Fonseca Amador (right) in high relief at center, Sandino distinguished by his characteristic wide-brimmed hat and neckerchief, Fonseca depicted with glasses. The legend A. C. SANDINO · CARLOS FONSECA curves along the upper border, identifying both revolutionary figures. In the lower field, the denomination 1000 CORDOBAS is inscribed above the fineness statement 18 GMS. ORO FINO, with the Mexican Mint mark Mo appearing between the two lines. A beaded border frames the entire design. |
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| Mintage | 1980 Mo - Proof - 6,000 |
| Additional information |
Issued in the immediate aftermath of the Sandinista revolution, this coin commemorates the July 1979 overthrow of Anastasio Somoza Debayle, whose family had controlled Nicaragua for over four decades. The new government's decision to strike a .900 gold commemorative within its first year was partly political theater — establishing the legitimacy of the FSLN-led junta on an internationally recognized monetary instrument — and partly a hard-currency revenue play aimed at foreign collectors rather than domestic circulation.
Nicaragua's economy was in ruins by 1980, the córdoba under severe inflationary pressure. Virtually none of these entered circulation.