2½ Centésimos "Panama Pill"
1904 year| Silver (.900) (Copper .100) | 1.25 g | 10 mm |
| Issuer | Panama |
|---|---|
| Period | Republic (1903-date) |
| Type | Standard circulation coin |
| Year | 1904 |
| Value | 2½ Centesimos (2½ centésimos) (0.025 PAB) |
| Currency | Balboa (1904-date) |
| Composition | Silver (.900) (Copper .100) |
| Weight | 1.25 g |
| Diameter | 10 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Coin alignment ↑↓ |
| Demonetized | 31 August 1930 |
| Updated | 2024-10-07 |
| Numista | N#20590 |
|---|---|
| Rarity index | 26% |
Reverse
Coat of Arms with seven stars above. Value in letters and silver content around.
Script: Latin
Lettering:
DOS Y MEDIO CENTESIMOS DE BALBOA
⋆⋆⋆⋆⋆⋆⋆
PRO MUNDI BENEFICIO
G.1.25 LEY 0.900
Translation:
Two and a Half Centesimos of a Balboa
For the Benefit of the World
1.25 Grams 0.900 Purity
Edge
Reeded
Comment
Issue date: February 12, 1905
Balboa was a Spaniard, the first European to cross the Isthmus, to reach the Pacific by land and discover the Perlas Archipelago (1513). The seven stars represent the country's seven provinces at that time (there are now ten).
This coin is the smallest ever minted in the USA, thus its nickname "Panamá pill". It was needed to make the 12.5 cents = 1 real of the former Hispanic-American monetary system when added to a 10-cent coin.
Interesting fact
One interesting fact about the 1904 Panama 2½ Centésimos coin is that it was nicknamed the "Panama Pill" due to its small size and round shape, which resembled a pill.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| 1904 | 400000 | - | - | - | - | - | - |
Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 2½ Centésimos ("Panama Pill") 1904 coin.
