Catalog
1/10 Balboa
| Issuer | Republic of Panama |
|---|---|
| Year | 1930-1962 |
| Type | Log in to see details |
| Value | 1/10 Balboa |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | The obverse displays the Coat of Arms of the Republic of Panama at center, depicting a quartered shield surmounted by a harpy eagle with outstretched wings; the shield quarters contain symbols including crossed swords and rifle, a cornucopia, a wheel, and the Isthmus of Panama with ships on either side. The national motto PRO MUNDI BENEFICIO appears on a ribbon below the eagle. The legend REPUBLICA DE PANAMA curves along the upper periphery, flanked by small stars, while the date appears at the bottom. Fineness and weight specifications LEY 0.900 and GR. 2.50 are inscribed in the left and right fields respectively. |
|---|---|
| Obverse script | Log in to see details |
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| Mintage | 1930 - KM#10.1 (high relief); Philadelphia Mint - 500,020 1930 - KM#10.1 (high relief); Philadelphia Mint; Matte Proof - 20 1931 - KM#10.1 (high relief); Philadelphia Mint - 200,000 1932 - KM#10.1 (high relief); Philadelphia Mint - 150,000 1933 - KM#10.1 (high relief); Philadelphia Mint - 100,000 1934 - KM#10.1 (high relief); San Francisco - 75,000 1947 - KM#10.1 (high relief); Philadelphia Mint - 1,000,000 1962 - KM#10.2 (low relief); Royal British Mint - 5,000,000 1962 - KM#10.2 (low relief); Royal British Mint; Proof - 25 |
| Additional information |
Panama has never operated its own mint — every coin in this series was struck under contract at Philadelphia, a arrangement dating to the currency conventions established at independence in 1904. The balboa was pegged at exact parity with the U.S. dollar from the outset, making these small silvers functionally interchangeable with American dimes in daily commerce, which they often were.
The KM#10.1 to 10.2 distinction reflects a modification to the reverse lettering spacing introduced mid-series.