Panama 1932 1/4 balboa

CNG Lissner sale, lot 1989

This specimen was lot 1989 in Classical Numismatic Group's auction of the Richard Lissner collection (Chicago, August 2014), where it sold for $121. The catalog description^[1] noted, "PANAMA, Republic. 1903-pres. AR 1/4 Balboa. Philadelphia mint. Dated 1932. In NGC encapsulation graded MS 61. Uncirculated specimen with just a hint of toning and a few spotty bits on reverse." 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: 126,000.

Specification: 6.25 g, 0.900 fine silver, .180 troy oz ASW, 24.25 mm diameter, reeded edge, this specimen Ø24 mm, 6.25 g, 6h axis.

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]Teller, M. Louis, and Victor England, Jr., The Richard Lissner Collection, Lancaster, PA: Classical Numismatic Group, 2014.

Link to:

• 1929 2½ centesimos
• 1931 ¼ balboa
• 1932 5 centésimos
• 1932 1/10 balboa
• 1932 ½ balboa
• 1934 ¼ balboa
• Coins and currency dated 1932
• return to coins of Panama