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Estimated Value
Based on recent market data
$51
Name or Denominations
1 Balboa 1 PAB = USD 1.00
Issuer
Panama
Ruler
Republic (1903-date)
Year of Minting
1953
Currency
Balboa (1904-date)
Shape
Round
Rarity
Common
Weight
26.73 g
Diameter
38.1 mm
Thickness
2.4 mm
Material
Silver (.900) (Copper .100)
Shape
Round
Edge Type
Reeded
Technique
Milled
Front design
Liberty standing, holding fasces in one arm and an oak sprig in the other, resting the arm with the oak on the Panamanian shield. The country name is above, the purity and weight are to the right, and the date is below.
Back design
Armoured bust of Vasco Nunez de Balboa facing left with wreath below and denomination above.
Year of Minting
1953
Ruling authority
Republic (1903-date)
Mint location
Mexican Mint (Casa de Moneda de México), Mexico, Mexico (1535-date)
Mint mark
NA
Orientation
Coin alignment ↑↓
Inscriptions
Obverse: REPUBLICA DE PANAMA LEY 0.900 GR.26.73 PRO MUNDI BENEFICIO 1953 Reverse: · UN - BALBOA · CINCUENTENARIO
Context
Since its separation from Colombia in 1903, Panama has used the United States Dollar. These coins have the same specifications as the 1 Dollar and circulated alongside it.
Rarity
Common
Coin type
Circulating commemorative
In circulation
Yes
Demonetized
No
Marketplace listings
0
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