1962 Panama Silver 1/4 Balboa Avg Circ

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This silver coin from Panama, minted in 1962, offers an intriguing glimpse into mid-century Central American coinage. Struck in 0.900 fine silver, the piece carries a silver content of 0.1808 troy ounces. Its design elements present a striking contrast between national pride and historical tribute, cataloged as KM#12.2 with a total mintage of 4,000,000 pieces. The obverse of the coin displays the detailed national coat of arms of Panama, accompanied by the inscription REPVBLICA DE PANAMA. On the reverse, an armored bust of the explorer Vasco Núñez de Balboa faces left, surrounded by the denomination and the 1962 date of issue. This circulated issue showcases the classic artistry of Panamanian currency from the era.