Panama 1934 1/4 balboa

from Goldberg sale 98, lot 3140

This specimen was lot 3140 in Goldberg sale 98 (Los Angeles, June 2017), where it sold for $129.25. The catalog description^[1] noted, "Panama. ¼ Balboa, 1934. PCGS graded MS-64." 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: 90,000, a better date.

Specification: 6.25 g, .900 fine silver, .180 troy oz ASW, 24.25 mm diameter, reeded edge.

Catalog reference: KM 11.1.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Goldberg, Ira, Larry Goldberg, John Lavender, Yifu Che, Jason Villareal and Stephen Harvey, Goldberg Sale 98: the Pre-Long Beach Auction, Los Angeles: Goldberg Coins and Collectibles, 2017.

Link to:

• 1932 ¼ balboa
• 1932 5 centésimos
• 1932 1/10 balboa
• 1934 ½ balboa
• 1934 balboa
• 1940 1¼ centesimos
• Coins and currency dated 1934
• return to coins of Panama