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50 Córdobas The Bud

Issuer Banco Central de Nicaragua
Year 1975
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Currency First Córdoba (1912-1987)
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Obverse lettering REPUBLICA DE NICARAGUA 1975 AMERICA CENTRAL
(Translation: Republic of Nicaragua Central America)
Reverse description The reverse depicts a seated nude female figure viewed from behind, crouching close to the ground and tending to a small plant shoot emerging from the soil, symbolising the rebirth of Managua following the 1972 earthquake. The figure is rendered in high relief with naturalistic detailing. The upper arc legend reads MANAGUA RENACE with the subtitle ·EL CAPULLO· in the right field, and the denomination 50 CORDOBAS appears along the lower arc, all within a beaded border.
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Additional information

Issued under the Somoza government in the mid-1970s, this piece belongs to a conservation-themed series that Nicaragua produced partly to court international goodwill at a moment when the Somoza regime faced mounting pressure from human rights critics. The choice to mint in sterling silver was deliberate — these were aimed squarely at the collector market rather than circulation, and very few ever passed through Nicaraguan hands at face value.

The 1972 Managua earthquake had devastated the country's economy and infrastructure, leaving the córdoba under sustained strain. Collector issues like this one generated hard currency at a time when the central bank needed every dollar it could find.

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