Panama 1980-FM 500 balboas
This specimen was lot 25422 in Heritage sale 3026 (Long Beach, October 2013), where it sold for $1,880. The catalog description[1] noted, "Republic gold 500 Balboas 1980-FM, MS65 NGC, very attractive design featuring a pair of Egrets. Only 54 pieces minted in "U" or special uncirculated." This denomination was first used for large gold commemoratives in 1975 and the Franklin Mint issued all of them until 1985. 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: 54 uncirculated plus 612 proofs.
Specification: 37.18 g, 0.500 fine gold, .597 troy oz AGW.
Catalog reference: KM 70.
- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Bierrenbach, Cristiano, Warren Tucker and Scott Cordry, Heritage Signature Auction 3026, World & Ancient Coins, featuring the RLM Collection, Part Two, the Nogales Collection and the Goetz Medals Die Archive, Dallas, TX: Heritage Auction Galleries, 2013.
- Stickney, Brian, A Monetary History of Central America, New York: American Numismatic Society, 2017.
Link to:
- 1979 500 balboas, Golden Jaguar
- 1980 20 balboas, 150th Anniversary of the death of Simon Bolivar
- 1980 100 balboas, golden condor
- 1980 100 balboas, Ferdinand de Lesseps
- 1980 150 balboas, Bolivar sesquicentennial
- 1980 200 balboas, boxing
- 1981 20 balboas, Simon Bolivar
- Panama 1981-FM 500 balboas
- Panama 1981-FM 50 balboas
- Panama 1983 centesimo
- Coins and currency dated 1980
- return to coins of Panama