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Estimated Value
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Name or Denominations
1 Centesimo (1 centésimo) 0.01 PAB = INR 0.96
Issuer
Panama
Ruler
NA
Year of Minting
1983 (1983-1984)
Currency
Balboa ( 1904-date )
Shape
Round
Rarity
Common
Weight
2.5 g
Diameter
19.05 mm
Thickness
1.25 mm
Material
Copper plated zinc (97.5% Zinc, 2.5% Copper)
Shape
Round
Edge Type
Plain
Technique
Milled
Front design
Value in letters, arc of 9 stars, wreath and date below.
Back design
Bust of chief Urraca facing left with name above.
Year of Minting
1983 (1983-1984)
Ruler
NA
Mint location
Royal Canadian Mint of Winnipeg , Canada (1976-date); United States Mint of Philadelphia , United States (1792-date); United States Mint of West Point , United States (1973-date)
Mint mark
NA
Orientation
Coin alignment ↑↓
Inscriptions
Obverse: · REPUBLICA · DE · PANAMA ********* UN CENTESIMO 1983 Reverse: · URRACA ·
Context
Urraca was an Indian chief from the Province of Veraguas, who fought the Spaniards in Panamá between 1520 and 1531. The arc of 9 stars on the reverse represent the 9 provinces of Panamá at that time (today there are 10). Since its separation from Colombia in 1903, Panama has used the United States Dollar. These coins have the same specifications as the United States 1 Cent and circulated alongside it. Of the total mintage, 20,000,000 were minted in West Point in 1983, and 25,000,000 were minted at the Philadelphia Mint in 1984. The remainder were minted by the Royal Canadian Mint. NOTE: also exists as Bronze issue KM#22
Rarity
Common
Coin type
Standard circulation
In circulation
Yes
Demonetized
No
Marketplace listings
0
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