1962 Panama Silver 1/4 Balboa BU
1962 Panama Silver 1/4 Balboa BU
This mid-century silver coin from Panama offers a window into the nation's identity and heritage. Struck in 1962, the quarter Balboa denomination is composed of 90 percent silver, containing 0.1808 troy ounces of the precious metal. It remains in Brilliant Uncirculated condition, preserving the crisp details of its original minting. The obverse of the coin displays the intricate national coat of arms of Panama, surrounded by the country's name, REPUBLICA DE PANAMA. The inscription also notes the metal purity of 0.900 and the weight of 6.25 grams, framing the central heraldic design. On the reverse, an armored bust of the explorer Vasco Núñez de Balboa faces left, positioned directly below the denomination. This specific issue, cataloged as KM#11.2, had a total mintage of 4,000,000 pieces, making it a fascinating artifact of Panama's mid-twentieth-century coinage.
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 | 1962 |
|---|---|
| Grade | Brilliant Unc |
| Legal-tender face value | 1/4 Balboa |
| Metal | Silver |
| Weight | 0.1808 troy oz |
| Purity | .900 |
| Diameter | 24.25 mm |
| Thickness | 1.75 mm |
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