Category Archives: Panama Money

1962 Panama 1/10 Balboa silver coin

Now we’ll examine a 1962 Panama 1/10 Balboa silver coin in the collection. I’m fascinated by the designs of coins, paper monies, tokens, medals etc from around the world.  The Balboa coins are distinctive.  In any case we find on the front of this coin the man who its named after: Vasco Núñez de Balboa.  You may have guessed from his attire that he was a Spanish Conquistador but was also a governor as well as explorer.  He was responsible for settling the land which today is Panama.  De Balboa was also the 1st person of European descent to make it to the Pacific Ocean by way of the New World.

The reverse side is below with an image of Panama’s coat of arms.

 

Koin perak kuno 10 Cents dari negara Panama tahun 1962

The reverse side is below with an image of Panama’s coat of arms.

1962 Panama 1/10 Balboa silver coin

This 1962 Panama 1/10 Balboa Silver Coin has nice mint luster and has some frostiness to it on the back.   It is .90 fine or in other words is 90% silver.  There were 5 million of these struck in 1962.

Koin perak kuno 10 Cents dari negara Panama tahun 1962.

 

1931 Panama 1/10 Balboa Silver Coin

So this entry will be about a 1931 Panama 1/10 Balboa silver coin which has a weight of 2.5 grams.  It is made out of 90% silver (0.90 fine) and there were only 200,000 of these struck in the year 1931.  The front of it has a portrait of Vasco Núñez de Balboa who was an influential Spanish Conquistador and politician in the (early 1500s).  He established a settlement which would eventually become known as Panama today .  The currency used in Panama is the Balboa and  has been since that country was established in 1903 (after splitting from Colombia).

The grade of this 1931 Panama 1/10 Balboa silver Coin appears to be either a fine or perhaps low very fine grade.

Koin perak kuno 1/10 Balboa dari negara Panama.

1931 Panama 1/10 Balboa Silver Coin

 

Koin perak kuno 1/10 Balboa dari negara Panama.

1933 Panama Half Balboa

In this posting we are going to discuss a topic of this silver 1933 Panama Half Balboa silver coin.  It can be seen in the photos below.  On  the front or obverse side at the top it has the denomination of Medio (Half) Balboa.  There is an image of Vasco Nunez de Balboa who was an early Spanish explorer (in the 1500s) that discovered the land then that is now called Panama.  On the reverse it has the name of the country: Republica De Panama above it’s coat of arms  and below which is the year of 1933.  Also the silver fineness (ley) of 0.900 and the weight of 12.50 grams are also struck on it.  This coin had a mintage of only 120,000 in 1933.

Check out the pictures of our 1933 Panama Half Balboa below, its grade looks like choice very fine.

Koin perak kuno setengah Balboa dari negara Panama tahun 1933.

1933 Panama Half Balboa

Koin perak kuno  Panama

1968 Panama Quarter Balboa Coin

The money originating from Panama (though the USD is also an official currency there) is known as the Balboa (symbol PAB).  It is named after Vasco Nunez De Balboa who was from Spain and notably made it to the Pacific Ocean from North America before any other European.  In any case he considered an explorer as well as a conquistador.

Below we have a 1968 Panama ¼ quarter (cvarto de) Balboa coin.  There were 1.2 million struck of these in that year.  Even though it is silver in color its make up is copper with nickel+copper coating.  It features Vasco Nunez De Balboa on its front and on its back is the coat of arms of Panama.  Its condition appears to be very fine.