1971 Panama Silver Balboa Proof
1971 Panama Silver Balboa Proof
Struck during the mid-century era, this 1971 silver coin from Panama is a beautiful example of proof-quality minting. The piece contains 0.7734 troy ounces of silver, with a total weight of 26.73 grams and a purity of 0.900. It represents a limited production run, with a total mintage of only 18,000 pieces. The obverse displays the national coat of arms of Panama, framed by a wreath. The year 1971 is positioned below the central design, flanked by inscriptions indicating the silver purity and weight. The surrounding text reads REPUBLICA DE PANAMA, identifying the issuing nation. On the reverse, the coin features a left-facing, armored bust of the famous explorer Vasco Núñez de Balboa. This classic portrait serves as the central focal point of the denomination, which is cataloged by numismatists as KM-27.
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
| Country | Spain |
|---|---|
| Year | 1971 |
| Grade | Proof |
| Legal-tender face value | 1 Balboa |
| Metal | Silver |
| Weight | 0.7734 troy oz |
| Purity | .900 |
| Diameter | 38.1 mm |
| Thickness | 3 mm |
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