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Modern coins of Panama

Started by NewHikaru089, February 14, 2024, 06:18:53 AM

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NewHikaru089

(KM#125, Numista number N#2850) (Images courtesy of Numista)

Issued into circulation in 1996 is a new version of the 1 Centésimo coin. The obverse side presented the country's name and denomination in Spanish and the reverse side presented a portrait of Urraca.

NewHikaru089

(KM#460, Numista number N#10969) (Images courtesy of Numista)

The 1 Centésimo coin was minted in the same specifications of the United States penny (cent), and two types circulated in Panama's dollarized economy, the copper-plated zinc Lincoln Memorial cent and the Lincoln Shield reverse.

NewHikaru089

(KM#126, Numista number N#9553) (Images courtesy of Numista)

In 1996, a new version of the 5 Centésimos coin was issued for circulation in Panama. The obverse side featured the Coat of arms of Panama and the reverse side featured the coin's denomination.

NewHikaru089

(KM#127, Numista number N#2851) (Images courtesy of Numista)

In 1996, a new version of the 1/10 Balboa coin was issued for circulation in Panama. The obverse side featured the Coat of arms of Panama and the reverse side featured a portrait of Vasco Núñez de Balboa.

NewHikaru089

(KM#128, Numista number N#1347) (Images courtesy of Numista)

In 1996, a new version of the 1/4 Balboa coin was issued for circulation in Panama. The obverse side depicted the Coat of arms of Panama and the reverse side depicted a portrait of Vasco Núñez de Balboa.

NewHikaru089

The 1/4 Balboa coin was produced in the same specifications of the United States quarter, and three series of United States quarters circulated in Panama's dollarized economy, the 50 State quarters, the DC and American Territories quarters and the America the Beautiful quarters.

NewHikaru089

(KM#129.1/KM#129.2, Numista number N#9555) (Images courtesy of Numista)

In 1996, a new version of the 1/2 Balboa coin was issued for circulation in Panama. The obverse side presented the Coat of arms of Panama and the reverse side presented a portrait of Vasco Núñez de Balboa.

NewHikaru089

(KM#76, Numista number N#10144) (Images courtesy of Numista)

In 1982, a new 1 Balboa coin was issued as a circulating commemorative coin. The obverse side featured the Coat of arms of Panama and the reverse side featured a portrait of General Omar Torrijos. This coin was issued in response to his death.

NewHikaru089

(KM#141, Numista number N#23694) (Images courtesy of Numista)

In 2011, a new 1 Balboa coin was issued for circulation in Panama. Issued as a bi-metallic coin, the obverse side displayed the Coat of arms of Panama and the reverse side displayed a portrait of Vasco Núñez de Balboa.

NewHikaru089

The bi-metallic 1 Balboa coin served as an equivalent to the dollar coins already in circulation in Panama's dollarized economy. Three types of dollar coins are used in Panama, the Sacagawea Dollar, the Presidential Dollar and the Native American Dollar.

NewHikaru089

#55
(KM#133.1/KM#133.2, Numista number N#5944) (Images courtesy of Numista)

Issued in 2001 was a new version of the 5 Centésimos coin. The obverse side featured the Coat of arms of Panama and the reverse side featured a portrait of Sara Sotillo.

NewHikaru089

(KM#381, Numista number N#50) (Images courtesy of Numista)

The 5 Centésimos was produced in the same specifications of the United States nickel, and one type circulated in Panama's dollarized economy, the Jefferson nickel (2nd portrait).

NewHikaru089

This brings this comprehensive thread on the modern coins of Panama as up to date.

Tiger Shark

Very nice coins, NewHikaru! I really like the bimetallic 1 Balboa coin.  As someone who lives in the US, I wish that a dollar coins like that could actually be made and released here.  I'd love to see the end of all the ratty and disgusting 1 dollar bills we're forced to deal with.  Sadly, I will probably never see that happen.  But a bimetallic coin would really fix all of the problems of the dollar coins the US has made in the past. 
~Tom

Figleaf

Another country thread in the bag, NewHikaru. Thank you. Panama is quite special for systematically admitting US coins as legal tender. In that situation, it makes sense that the coins of Panama follow the specifications of US coins, not only for vending machines and the like, but also for stacking and counting.

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