Numismatic

1934 Panama Silver 1/10 Balboa BU

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This silver coin from 1934 represents a fascinating piece of Panamanian numismatic history. Struck at the San Francisco Mint in the United States, this 1/10 Balboa coin was part of a limited production run of only 75,000 pieces. Surviving in Brilliant Uncirculated condition, it retains its original luster and crisp detail just as it looked when it left the minting facility decades ago. The obverse displays the official coat of arms of the Republic of Panama, positioned directly above the 1934 year of issue. Surrounding the national emblem are inscriptions indicating the coin's weight of 2.50 grams and its silver purity of 0.900, which equates to approximately 0.0723 troy ounces of actual silver content. On the reverse, the coin features the left-facing profile of Vasco Núñez de Balboa. The Spanish explorer is depicted wearing detailed body armor and a helmet, honoring his historic role in the region. This particular issue is cataloged as KM-10.1, making it a classic specimen for those exploring twentieth-century Central American coinage.