¼ Balboa

Features

Issuer	Panama
Period	Republic (1903-date)
Type	Standard circulation coin
Years	1930-1962
Value	¼ Balboa (0.25 PAB)
Currency	Balboa (1904-date)
Composition	Silver (.900) (Copper .100)
Weight	6.25 g
Diameter	24.25 mm
Shape	Round
Technique	Milled
Orientation	Coin alignment ↑↓
Demonetized	Yes
Number	N# 5262 Numista type number (https://en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html)
References	KM# 11 Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14^th edition). Krause Publications, Stevens Point, Wisconsin, USA. And 5 more volumes.

Obverse

The arms of Panama with 9 stars above representing the nine provinces at the time (there are now ten) with the name of the country above, silver content on both sides, date below

Script: Latin

Lettering:
REPUBLICA DE PANAMA
*********
PRO MUNDI BENEFICIO
LEY GR
0.900 6.25
1962

Translation:
Republic of Panama
For the Benefit of the World
Silver Grams
0.900 6.25
1962

Reverse

An armored bust with the helmet of Vasco Núñez de Balboa facing left surrounded by value in letters and wreath with the bust touching the rim below

Script: Latin

Lettering: VN CUARTO DE BALBOA

Translation: One-Quarter of a Balboa

Edge

Reeded

Mints

	United States Mint, Philadelphia, United States (1792-date)
	United States Mint, San Francisco, United States (1854-date)

Comments

Balboa was a Spaniard, first European who crossed the Isthmus, reached the Pacific by land, and discovered the Perlas Archipelago (1513).

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Date	Mintage	VG	F	VF	XF	AU	UNC	Frequency
Undetermined
1930	400 000	$ 4.95	$ 4.95	$ 11	$ 11			27%	KM#11.1; Philadelphia Mint
1930	20							0.6%	KM#11.1; Philadelphia Mint; Matte Proof
1931	48 000					$ 396		4%	KM#11.1; Philadelphia Mint
1932	126 000		$ 8.54	$ 8.54	$ 14			10%	KM#11.1; Philadelphia Mint
1933	120 000			$ 18				10%	KM#11.1; Philadelphia Mint
1934	90 000		$ 7.39	$ 12	$ 24	$ 47		9%	KM#11.1; San Francisco Mint
1947	700 000		$ 6.01	$ 6.01	$ 6.01	$ 9.37	$ 11	38%	KM#11.1; Philadelphia Mint
1962	4 000 000		$ 5.46	$ 6.66	$ 8.05	$ 8.05	$ 8.05	45%	KM#11.2 (low relief, portrait touches rim)
1962	25							3%	KM#11.2 (low relief, portrait touches rim) Proof

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

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

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Members from this site want to exchange it: cecuartas, robertmx, Nasdaq, zdravko, Carrcash, kyo19792001, moe939, Sisilija, jcs121368, SteveV, squash70, Sumair, Un_Fauno, bz_nata, redcat, akadotour, geostring, smorganatvalue.net.nz, RGormanJr, sangriablanca, pri, outofmany01, jazzyfizzle, Myeackle, dfallon, pnightingale, Emirsky, manny57 …

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Numista Rarity index: 11 Search tips

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.

Bullion value: USD 3.82 Search tips

This value is given for information purpose only. It is based on a price of silver at 680 USD/kg. Numista does not buy or sell coins or metal.

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Past sales

Pictures	Sale	Date	Version	Grade	Price
	Heritage Auctions Thursday World & Ancient Coins Weekly Online Auction 232002 Lot 62373	Jan 9, 2020	1931 – KM#11.1; Philadelphia Mint	AU (NGC AU58)	USD 384.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Thursday World & Ancient Coins Weekly Online Auction 231934 Lot 64327	Aug 22, 2019	1931 – KM#11.1; Philadelphia Mint	AU (NGC AU58)	USD 456.00 (incl. buyer's premium)
© Heritage Auctions