Panama Panama 1 balboa, 1931-1947

1. Introduction

The Panama 1 balboa coin minted between 1931 and 1947 stands as a notable piece of numismatic history from the Republic of Panama. This silver coin holds significant historical value and unique design elements, making it a sought-after collectible for numismatists worldwide.

2. Historical Background

Issued by Panama, the 1 balboa coin was part of the country's currency system during the period of 1904 to 1960. The coin's circulation coincided with a crucial era in Panama's history, reflecting the country's growing economic and political independence.

3. Design Features

The obverse of the Panama 1 balboa coin features intricate details including "GR 26.73," "LEY 0.900," "PRO MUNDI BENEFICIO," and "REPVBLICA DE PANAMA." These inscriptions signify the coin's weight, silver content, and the Republic of Panama's dedication to global welfare. On the reverse side, the coin simply displays "UN BALBOA," emphasizing its denomination.

4. Technical Specifications

This silver coin weighs 26.73 grams and has a diameter of 38.10mm. With a silver composition of 0.900, this coin reflects the high quality and purity standards typical of coins from this era.

5. Collectible Value

The Panama 1 balboa coin holds both historical and collectible significance, attracting enthusiasts for its rarity and unique design elements. Its market value varies based on factors such as condition, mintage numbers, and demand among collectors. Due to its limited mintage period, this coin is considered a prized possession in many numismatic collections.

6. Conclusion

In conclusion, the Panama 1 balboa silver coin from 1931 to 1947 represents a valuable piece of Panama's numismatic heritage. Its blend of historical importance, unique design, and collectible appeal make it a standout addition to any coin collection. Whether for its historical significance or aesthetic beauty, this coin continues to captivate collectors and enthusiasts with its enduring charm. By exploring the intricacies of the Panama 1 balboa coin, one can appreciate the rich history and artistry encapsulated in this numismatic treasure from the Republic of Panama.

Coin Images

Obverse

Reverse