Catalog
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| Issuer | Nicaragua |
|---|---|
| Year | 1974 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | First Córdoba (1912-1987) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | REPÚBLICA DE NICARAGUA 1974 (Translation: Republic of Nicaragua) |
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| Edge | Reeded |
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| Additional information |
Nicaragua's small aluminum-magnesium coinage of this period was produced under the Somoza dictatorship, a government whose fiscal decisions were increasingly shaped by foreign debt obligations and U.S. financial influence. The shift to lightweight aluminum alloys across Central American nations during the early 1970s tracked directly with rising copper prices globally — a commodity shock that forced mint authorities across the region to abandon traditional bronze compositions almost simultaneously.