1962 Panama Silver 1/10 Balboa Avg Circ

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This 1962 tenth-balboa coin from Panama offers an intriguing glimpse into mid-century Central American coinage. Struck in 90 percent pure silver, the coin contains 0.0723 troy ounces of precious metal. It represents a classic era of Panamanian minting, with a total production of five million pieces for the year. The design elements on both sides are remarkably detailed. The obverse displays the official National Coat of Arms of Panama, representing the country's sovereignty and heritage. On the reverse, an armored bust of Vasco Núñez de Balboa faces left, honoring the famous explorer for whom the currency is named. Cataloged as KM #10.2, this circulating silver piece remains a fascinating study in regional design and history.