Now showing: Nicaragua - Postage stamps (1920 - 1929) - 16 stamps.
WM: None Perforation: 12
![[Government Building in Managua Stamp of 1922 Overprinted in Red, type CF8]](https://www.stampworld.com/media/catalogue/Nicaragua/Postage-stamps/CF8-s.jpg)
12. May WM: None Perforation: 12
![[Airmail - Government Building in Managua Stamps of 1914,1928 and 1929 Overprinted "Correo Aéreo - 1929 - P.A.A", type CP10]](https://www.stampworld.com/media/catalogue/Nicaragua/Postage-stamps/CP10-s.jpg)
![[Airmail - Government Building in Managua Stamps of 1914,1928 and 1929 Overprinted "Correo Aéreo - 1929 - P.A.A", type CP11]](https://www.stampworld.com/media/catalogue/Nicaragua/Postage-stamps/CP11-s.jpg)
![[Airmail - Government Building in Managua Stamps of 1914,1928 and 1929 Overprinted "Correo Aéreo - 1929 - P.A.A", type CP12]](https://www.stampworld.com/media/catalogue/Nicaragua/Postage-stamps/CP12-s.jpg)
15. December WM: None Engraving: American Bank Note Co., New York. Perforation: 12
![[Airmail - Airplanes over Momotombo, type FQ1]](https://www.stampworld.com/media/catalogue/Nicaragua/Postage-stamps/FQ1-s.jpg)
WM: None Engraving: American Bank Note Co.N.Y. Perforation: 12
![[Government Building in Managua in New Colors, type CG8]](https://www.stampworld.com/media/catalogue/Nicaragua/Postage-stamps/CG8-s.jpg)