Author Topic: Panama: Government suspends issuance of commemorative  (Read 216 times)

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Offline eurocoin

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Panama: Government suspends issuance of commemorative
« on: August 22, 2019, 11:26:26 AM »
The government of Panama has suspended the issuance of a commemorative coin with a denomination of 50 centésimos issued for the 500th anniversary of the founding of Panama over concerns that the person depicted on the coin is not Pedro Arias Dávila, the founder of the country. The coin is part of a coin series that started in 2010. 3 million coins were sheduled to be released into circulation with it being unknown if all of them have already been produced.



Offline bagerap

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Re: Panama: Government suspends issuance of commemorative
« Reply #1 on: August 22, 2019, 08:30:54 PM »
By numismatic standards the portrait looks cartoonish

Offline Figleaf

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Re: Panama: Government suspends issuance of commemorative
« Reply #2 on: August 22, 2019, 10:02:12 PM »
The portrait is after a well-known engraving, which is an important step down from a painting already. I think the helmet is pretty preposterous.

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

Offline eurocoin

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Re: Panama: Government suspends issuance of commemorative
« Reply #3 on: August 23, 2019, 07:03:41 PM »
The coins will not be destroyed but whether they will still be released into general circulation remains unknown. The Board of Trustees of Panama Viejo (the organisation that supplied the design to the government) issued a press release claiming that it did not make an error in the use of the image of Arias Dávila. Widely published reports said that the image used depicted Francisco Pizarro, the conqueror of Peru. According to the Board, it is not a mistake to use an image that has already circulated in official textbooks to represent Arias Dávila.



Offline <k>

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Re: Panama: Government suspends issuance of commemorative
« Reply #4 on: August 23, 2019, 08:22:13 PM »
Here you can read about Dávila's violent relationship to Córdoba:

Nicaragua: Francisco Hernández de Córdoba