Panama 1947 balboa

from the Mountain Groan Collection

This specimen, struck for Panama by the Philadelphia mint in 1947, was struck on silver dollar blanks. In the original system, one balboa = two 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. Unfortunately, collecting Panamanian coins lost its popularity after the Franklin mint overissued proof sets and commemoratives in the 1970's and 1980's. For years, few Panamanian coins sold for more than melt. This type was struck 1931, 1934 and 1947; the 1947 is the commonest date.

Recorded mintage: 500,000.

Specification: 26.73 g, 0.800 fine silver, .773 troy oz ASW, reeded edge, 38.1 mm diameter.

Catalog reference: KM 13.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

Links to:

• 1904 50 centesimos
• 1931 balboa
• 1947 1/10 balboa
• 1947 ½ balboa
• 1953 balboa
• "Liberty" dollar c/s on a Panama balboa
• Coins and currency dated 1947
• return to coins of Panama