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50 Córdobas Seoul '88
| Issuer | Nicaragua |
|---|---|
| Year | 1988 |
| Type | Log in to see details |
| Value | 50 Córdobas |
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| Composition | Log in to see details |
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| Obverse description | Central design features the Nicaraguan national coat of arms, depicting a equilateral triangle enclosing five volcanoes rising from the sea beneath a radiant sun, all set within a polished proof field. The date 1988 appears below the triangle, with the fineness designation 825/000 inscribed beneath it in the lower exergue. The circumferential legend REPUBLICA DE NICARAGUA arcs across the upper portion, while AMERICA CENTRAL arcs along the lower border, each separated by a small five-pointed star. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
Nicaragua's coinage in 1988 was issued under the Sandinista government during a period of acute economic collapse — annual inflation that year exceeded 10,000 percent, rendering domestic currency functionally worthless. Olympic commemoratives like this one were effectively hard-currency export products, struck for the international collector market rather than any domestic use, with proceeds helping to offset a foreign-exchange crisis worsened by the ongoing U.S. trade embargo.