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1/2 Centésimo
| Issuer | Panama |
|---|---|
| Year | 1907 |
| Type | Log in to see details |
| Value | 1/2 Centesimo (1/2 centésimo) (0.005 PAB) |
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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 | Left-facing armored bust of Vasco Núñez de Balboa, depicted in a conquistador helmet and scale armor, occupying the central field. The legend REPÚBLICA DE PANAMÁ arcs around the upper periphery, with three small dots flanking the date 1907 along the lower rim. The entire design is enclosed within a border of raised beads. The portrait is rendered in a bold, high-relief style characteristic of early twentieth-century Latin American coinage. |
|---|---|
| Obverse script | Log in to see details |
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| Reverse description | Log in to see details |
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| Edge | Plain |
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| Additional information |
Panama's early coinage was struck under contract in the United States — this piece, like others of the series, was produced at the Philadelphia Mint following the country's independence from Colombia in 1903. The 1907 issue came during a period when the U.S. exercised considerable influence over Panamanian monetary policy, and American mints handled production for decades precisely because Panama lacked its own minting infrastructure.
The half-centésimo saw limited practical use in daily commerce and was discontinued relatively early in the series.