Bullion

Panama Silver 1/2 Balboa Avg Circ (ASW .3617)

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Struck during the mid-20th century, the Panamanian half Balboa coin represents a fascinating era of silver coinage. These pieces, minted between 1930 and 1962, contain 0.3617 troy ounces of actual silver content within a 0.900 fine silver composition. Known in numismatic catalogs under the reference KM-12, these circulated coins carry the tangible history of daily commerce in Panama. The obverse of the coin displays the official Panamanian coat of arms, situated directly above the year of issue. Inscriptions on this side include the national name "REPUBLICA DE PANAMA" along with the weight and purity markings of "12.50 GR." and "0.900 LEY", which denote its physical specifications, alongside the motto "PRO MUNDI BENEFICIO". On the reverse, the coin features the left-facing profile of the explorer Vasco Nunez de Balboa, depicted in detailed armor. This portrait rests beneath the denomination of the coin, creating a classic design that celebrates the nation's namesake currency and heritage.