1 Balboa


Silver (.900) (Copper .100)	26.73 g	38.1 mm

Description

Issuer	Panama
Period	Republic (1903-date)
Type	Non-circulating coin
Years	1966-1974 (1966-1975)
Value	1 Balboa 1 PAB = USD 1.00
Currency	Balboa (1904-date)
Composition	Silver (.900) (Copper .100)
Weight	26.73 g
Diameter	38.1 mm
Shape	Round
Technique	Milled
Orientation	Coin alignment ↑↓
Updated	2024-10-07

References

Numista	N#9749
Rarity index	17%

Reverse

Armoured bust of Vasco Nunez de Balboa facing left with wreath below and denomination above. The bust touches the rim below.

Script: Latin

Lettering: VN BALBOA

Translation: One Balboa

Edge

Reeded

Comment

Since its separation from Colombia in 1903, Panama has used the United States Dollar. These coins have the same specifications as the . Due to the rising price of silver in the 1960s, these coins were never issued for general circulation and were sold with a premium above face value.

According to the Royal British Mint, 200 thousand 1967-dated coins were minted. The ultimate fate of these coins is currently unknown.

More than 200,000 of the 1966 coins were melted down in 1971 to provide silver for coins.

Interesting fact

The 1 Balboa coin from Panama, minted between 1966 and 1974, has an interesting fact associated with it. Despite being a non-circulating coin, it was made of Silver (.900) and Copper (.100), giving it a unique composition compared to other coins of its time.

Price

Date	Mintage	VG	F	VF	XF	AU	UNC
1966	12701	-	-	-	-	-	-
1967	19983	-	-	-	-	-	-
1968	23210	-	-	-	-	-	-
1969	14000	-	-	-	-	-	-
1970	13304	-	-	-	-	-	-
1971 (1972)	17559	-	-	-	-	-	-
1972 (1973)	23413	-	-	-	-	-	-
1973 (1974)	30161	-	-	-	-	-	-
1974 (1975)	29566	-	-	-	-	-	-

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Balboa 1966-1974 (1966-1975) coin.