Introduction

The Panama 2½ centésimos coin, minted from 1907 to 1916, holds a special place in numismatic history. This copper-nickel coin is a testament to Panama's journey as a young republic and showcases exquisite design elements that appeal to collectors worldwide.

Historical Background

Issued by the Republic of Panama, this coin reflects the country's growing political and economic independence during the early 20th century. The denomination of 2½ centésimos was a significant part of Panama's currency system at the time, symbolizing the nation's monetary stability and progress.

Coin Images

Obverse

Reverse

Design Features

The obverse of the coin features the inscription "REPUBLICA DE PANAMA," emphasizing Panama's sovereignty. On the reverse, the denomination "2½" is displayed prominently, accompanied by the Spanish phrase "DOS Y MEDIO CENTÉSIMOS DE BALBOA," paying tribute to the famous explorer Vasco Núñez de Balboa.

Technical Specifications

This coin weighs 4.70 grams and has a diameter of 21.00mm, making it a compact yet substantial piece. Crafted from copper-nickel, the Panama 2½ centésimos coin boasts a durable composition suitable for circulation during its era.

Collectible Value

Due to its historical significance and limited mintage period, the Panama 2½ centésimos coin is highly sought after by collectors. Its unique design elements and connection to Panama's early republican years contribute to its desirability among numismatists. The market value of this coin can vary based on factors such as condition and rarity, making it a valuable addition to any collection.

Conclusion

In conclusion, the Panama 2½ centésimos coin of 1907-1916 encapsulates a pivotal period in Panama's history and numismatic evolution. Its intricate design, historical context, and collectible value make it a prized possession for both seasoned collectors and enthusiasts exploring the world of coins. Acquiring this piece not only adds a touch of elegance to a collection but also preserves a piece of Panama's rich heritage for generations to come.