10 Balboas

Features

Issuer Panama
Issuing bank Central Bank of Issue of the Republic of Panama (Banco Central de Emision de la Republica de Panama)
Period Republic (1903-date)
Type Standard banknote
Year 1941
Value 10 Balboas (10 PAB)
Currency Balboa (1904-date)
Composition Paper
Size 158 × 67 mm
Shape Rectangular
Demonetized 9 October 1941
Number
N#
223740
References P# 24
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Paper Money. Modern issues 1961-present (25th edition). Krause Publications, Iola, Wisconsin, United States.
And 2 more volumes.

Obverse

In the center we see Panamá Viejo.

Panamá Viejo (English: "Old Panama"), also known as Panamá la Vieja, is the remaining part of the original Panama City, the former capital of the country. It is located in the suburbs of the current capital. Together with the historical district of Panamá, it has been a World Heritage Site since 1997.

Script: Latin

Lettering:
MONEDA FIDUCIARIA DE CURSO LEGAL
CONSTE POR ESTE BILLETE QUE HAY DEPOSITADOS EN
EL BANCO CENTRAL DE EMISION DE LA
REPUBLICA DE PANAMA
DIEZ BALBOAS
PAGADEROS AL PORTADOR A SOLICITUD

Reverse

In the center we see the coat of arms of Panama.

Script: Latin

Lettering:
REPUBLICA DE PANAMA
DIEZ BALBOAS

Printer

Hamilton Bank Note Company (HBNC), New York, United States

Comments

Issued by the Central Bank of Issue of the Republic of Panama (El Banco Central de Emisión de la República de Panamá), through Article 156 of the Constitution of Panama, as enacted by President Arnulfo Arias on September 30, 1941.

The bank was authorized to issue up to 6,000,000 balboas worth of paper notes, but only 2,700,000 balboas were issued on October 2, 1941. One week later, Ricardo Adolfo de la Guardia Arango replaced Arnulfo Arias as president in a coup d'état supported by the United States. The new government immediately closed the bank, withdrew the issued notes and burned all of remaining unissued notes. Very few of the so-called "Arias Seven-Day" notes escaped incineration.

See also

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Date VG F VF XF AU UNC Frequency
1941  100% P# 24a.
1941  20% P# 24s; Specimen.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

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