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1/2 Centésimo

Issuer Panama
Year 1907
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Value 1/2 Centesimo (1/2 centésimo) (0.005 PAB)
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Obverse script Latin
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Reverse lettering MEDIO CENTÉSIMO DE BALBOA
(Translation: Half Centesimo of a Balboa)
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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.

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