Panama 1976-FM 20 balboas

Sedwick sale 25, lot 1256

This specimen was lot 1256 in Sedwick sale 25 (Winter Park, FL, May 2019), where it sold for $142.80. The catalog description^[1] noted, "Panama (struck by the Franklin Mint), 20 balboas, 1976, Simon Bolivar, NGC PF 69 Ultra Cameo. Slab size about 6-1/2" x 5". Practically flawless, with no marks or lines or wear of any kind, tiny streak of toning on part of reverse rim. NGC #4700603-002." This NCLT was issued 1972-76. 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.

Recorded mintage: 2,500 + 22,000 proofs but many melted.

Specification: 129.59 g, 0.925 fine silver, 61 mm diameter, 3.8538 ounces AGW.

Catalog reference: KM-31.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Sedwick, Daniel Frank, Augi Garcia and Cori Sedwick Downing, Treasure Auction 25, Winter Park, FL: Daniel Frank Sedwick LLC, 2019.

Link to:

• 1974 20 balboas
• 1976 100 balboas, 500th anniversary of the birth of Vasco Núñez de Balboa
• 1976 150 balboas, 150th anniversary of the Congress of Panama
• 1976 500 balboas, 500th anniversary of the birth of Vasco Núñez de Balboa
• 1977 20 balboas
• Coins and currency dated 1976
• return to coins of Panama