Panama 1982 1/4 balboa
This denomination was struck for circulation 1966-75, 1979-83, 1986 and 1993. It matches the United States quarter in every respect and many dates were actually struck in the USA. This year was made in Philadelphia. This specimen was lot 30150 in Stack's Bowers NYINC sale (New York, January 2025), where it sold for $4,080. The catalog description[1] noted, "PANAMA. Gold Piefort 1/4 Balboa, 1982. NGC PROOF-64 Ultra Cameo. Struck in 0.400 gold. Estimated Mintage: 20. An EXTREMELY RARE find struck on this gold extra-thick module, this beauty dazzles with its sharply contrasting frostiness and reflectivity. Some faint friction in the fields keeps the coin from Gem status, but hardly affects its impressive overall presentation."
Recorded mintage: 3,000,000 plus est. 20 in gold.
Specification: regular issue: 5.67 g, copper-nickel clad copper, 24.26 mm diameter, reeded edge. KM-P4: 0.400 fine gold.
Catalog reference: KM 11.2a, KM-P4.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- Stickney, Brian, A Monetary History of Central America, New York: American Numismatic Society, 2017.
- [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, January 2025 NYINC Showcase Auction, featuring the Richard Margolis Collection, Part III, and the Richard August Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2024.
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