Panama 1934 1/4 balboa

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from Goldberg sale 98, lot 3140
Panama G98-3140r.jpg

This specimen was lot 3140 in Goldberg sale 98 (Los Angeles, June 2017), where it sold for $129.25. The catalog description[1] noted, "Panama. ¼ Balboa, 1934. PCGS graded MS-64." 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.

Recorded mintage: 90,000, a better date.

Specification: 6.25 g, 0.900 fine silver, .180 troy oz ASW, 24.25 mm diameter, reeded edge.

Catalog reference: KM 11.1.

Source:

  • Altz, Charles G., and E. H. Barton, Foreign Coins Struck at United States Mints, Racine, WI: Whitman Publishing, 1965.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Raymond, Wayte, The Coins of Central America, Silver and Copper, 1824-1940, New York: Wayte Raymond Inc., 1941.
  • Robinson, Charles, The Coins of Central America, 1733-1965, San Benito, TX: 1965.
  • Stickney, Brian, A Monetary History of Central America, New York: American Numismatic Society, 2017.
  • [1]Goldberg, Ira, Larry Goldberg, John Lavender, Yifu Che, Jason Villareal and Stephen Harvey, Goldberg Sale 98: the Pre-Long Beach Auction, Los Angeles: Goldberg Coins and Collectibles, 2017.

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