Panama 1916 5 centesimos
This specimen was lot 1979 in Classical Numismatic Group's auction of the Richard Lissner collection (Chicago, August 2014), where it sold for $393.25. The catalog description[1] noted, "PANAMA, Republic. 1903-pres. AR 5 Centesimos. Philadelphia mint. Dated 1916. In NGC encapsulation graded MS 65. Lightly toned superb choice UNC." The year 1904 inaugurated coinage for the newly independent Panamanian republic. In the original system, one balboa = 2 U.S. dollars, and 2½ centesimos, 5 centesimos, 25 centesimos and 50 centesimos were struck to this standard 1904-16. In 1930, the system was reorganized and one balboa = one dollar and all new types issued. The United States mint struck coins for Panama using U. S. blanks. The 1904 five centesimos, equal to a United States dime, is common while the 1916 is rare.
Recorded mintage: 100,000.
Specification: 2.5 g, 0.900 fine silver, .0723 troy oz ASW, this specimen Ø18 mm, 2.50 g, 6h.
Catalog reference: KM 2.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Teller, M. Louis, and Victor England, Jr., The Richard Lissner Collection, Lancaster, PA: Classical Numismatic Group, 2014.
Link to:
- 1904 5 centesimos
- 1916 2½ centesimos
- Coins and currency dated 1916
- return to coins of Panama