1961 Panama Silver 1/4 Balboa BU
1961 Panama Silver 1/4 Balboa BU
This mid-century silver coin from Panama, minted in 1961, offers a fascinating glimpse into the nation's symbolic imagery. Struck with a purity of 0.900 silver, the coin contains 0.1808 troy ounces of precious metal. It represents a total mintage of 2,000,000 pieces, preserved in stunning Brilliant Uncirculated condition. The obverse features the detailed National Coat of Arms of Panama. Surrounding this central emblem, the inscriptions include REPUBLICA DE PANAMA and the national motto PRO MUNDI BENEFICIO, alongside the technical specifications of the coin's composition, noting its weight of 6.25 grams and the 0.900 silver fineness. On the reverse, a left-facing bust of Vasco Núñez de Balboa is depicted in detailed armor. This side displays the denomination of VN QVARTO DE BALBOA, framing the historic explorer's portrait and anchoring the coin's identity within Panamanian currency traditions.
Fair market value
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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.
Specifications
| Year | 1961 |
|---|---|
| Grade | Brilliant Unc |
| Legal-tender face value | 1/4 Balboa |
| Metal | Silver |
| Weight | 0.1808 troy oz |
| Purity | .900 |
| Diameter | 24.3 mm |
| Thickness | 1.5 mm |
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