20 Centavos

Nicaragua's coinage in the 1880s was produced under contract by foreign mints — this issue struck at the Casa de Moneda de Guatemala, as Nicaragua lacked domestic minting capacity throughout most of the nineteenth century. The newly consolidated republic was still stabilizing its monetary system following decades of Central American federation collapse and regional conflict, and silver fractional coinage was chronically short in circulation.

KM#7 saw limited mintage years, making survivors in any grade genuinely scarce.