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2 Reales
| Issuer | Nicaragua |
|---|---|
| Year | 1824 |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Shape | Cob |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | P*2*M V IE JO P 24 V (Translation: P 2 Reales M Viejo 1824 PV) |
| Reverse description | Boldly struck cob-style quartered cross dividing the field into four quadrants, each alternately containing a castle and a lion in the Spanish colonial heraldic tradition. The cross arms extend to the coin's irregular flan edges, with castle and lion devices visible in the quadrants, though the crude hammered strike results in incomplete and off-center rendering typical of cob coinage. A partial tressure border frames the design where the flan permits. |
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| Additional information |
Nicaragua's earliest coinage was struck under chaotic conditions following independence from Spain in 1821 and the subsequent collapse of the First Mexican Empire in 1823. The 1824 issue emerged when the Central American Federation was barely functional as a governing body, with individual provinces scrambling to establish monetary systems before any coherent federal framework existed. Nicaragua was among the first to act.
KM#5 is notoriously crude in execution, struck on irregular planchets with dies cut by provincial engravers working without the technical infrastructure of the colonial mints at Guatemala City.