Introduction

The Panama 1/10 balboa coin minted in 1953 holds a special place in numismatic history. As a product of the Republic of Panama during the mid-20th century, this silver coin encapsulates a unique blend of historical significance and intrinsic value that makes it a prized possession for collectors worldwide.

Historical Background

Issued by the Republic of Panama, this coin was part of a series minted between 1904 and 1960. The 1953 coin marked a period of celebration as Panama commemorated its rich heritage. The denomination of 1/10 balboa reflected the country's ties to its currency system, showcasing both traditional and modern elements.

Coin Images

Obverse

Reverse

Design Features

The obverse side of the coin elegantly displays the year "1953," weight "GR. 2.50," silver fineness "LEY 0.900," and the inscription "REPUBLICA DE PANAMA." This side exudes a sense of pride in the nation's identity and commitment to quality craftsmanship. On the reverse, the coin celebrates the "CINCUENTENARIO" (50th anniversary) alongside the denomination "UN DECIMO DE BALBOA." The design harmoniously combines symbolism and simplicity, creating a visually appealing piece that captures the essence of Panama's history and culture.

Technical Specifications

This silver coin weighs 2.50 grams and has a diameter of 17.90mm, adhering to the standard specifications for the 1/10 balboa denomination. Composed of 90% silver, this coin reflects the craftsmanship and attention to detail characteristic of coins minted during this era.

Collectible Value

The Panama 1/10 balboa 1953 coin holds significant collectible value due to its historical importance and limited mintage. Numismatists and collectors alike treasure this coin for its rarity and aesthetic appeal. Its market value continues to appreciate, making it a sought-after piece for those passionate about numismatics.

Conclusion

In conclusion, the Panama 1/10 balboa 1953 silver coin stands as a testament to Panama's rich numismatic heritage and cultural legacy. Its exquisite design, historical significance, and collectible value make it a prized addition to any coin collection. As a symbol of national pride and numismatic excellence, this coin continues to captivate collectors and enthusiasts worldwide.