Panama Panama ¼ balboa, 1953
1. Introduction
The Panama ¼ balboa 1953 silver coin holds a significant place in numismatic history, representing the Republic of Panama during a pivotal period. This coin, with its intricate design and historical importance, captivates both collectors and enthusiasts worldwide.
2. Historical Background
Issued by Panama in 1953, this coin commemorates the country's rich heritage and celebrates its national identity. The Republic of Panama, established in 1904, saw remarkable growth and development during the mid-20th century, making this coin a testament to the nation's progress and prosperity.
3. Design Features
The obverse of the coin showcases the year '1953' alongside 'GR. 2.50', 'LEY 0.900', and 'REPUBLICA DE PANAMA', emphasizing its silver content and national origin. On the reverse, the inscription 'CINCUENTENARIO' and 'UN DECIMO DE BALBOA' pays tribute to Panama's fiftieth anniversary and its currency denomination.
4. Technical Specifications
This silver coin weighs 6.25 grams and has a diameter of 24.26mm, adhering to a composition of 90% silver. The precise craftsmanship and attention to detail in its design reflect the quality and artistry of coins minted during this era.
5. Collectible Value
The Panama ¼ balboa 1953 silver coin holds both historical and collectible significance, attracting numismatists keen on acquiring pieces from the Republic of Panama's numismatic legacy. Due to its limited mintage and intrinsic value, this coin is highly sought after by collectors seeking rare and unique additions to their collections.
6. Conclusion
In conclusion, the Panama ¼ balboa 1953 silver coin stands as a remarkable numismatic gem, blending historical importance with exquisite design. Its representation of Panama's heritage and the craftsmanship exhibited in its intricate details make it a prized possession for collectors and a piece of history worth cherishing. By exploring the Panama ¼ balboa 1953 silver coin's design, historical context, and collectible value, one gains a deeper appreciation for this numismatic treasure from the Republic of Panama.
Coin Images
Obverse
Reverse

