10 Balboas

Emittente	Banco Central de Emisión de la República de Panamá
Anno	1941
Tipo	Standard circulation banknote
Valore	Accedi per vedere i dettagli
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Legenda del dritto	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
Descrizione del rovescio	The central medallion carries the coat of arms of Panama, rendered in fine intaglio engraving and enclosed within a circular frame, flanked on either side by bold guilloche panels bearing the denomination numeral 10 and the word DIEZ. The legend DIEZ BALBOAS is inscribed along the lower border, and the entire design is executed in dark brown ink over an intricate geometric lathe-work background. The printer's imprint of the Hamilton Bank Note Company appears at the lower margin.
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Commenti	Panama's 1941 paper currency issue was produced under uniquely constrained circumstances. The Banco Central de Emisión had been chartered specifically to challenge the country's longstanding monetary arrangement with the United States, under which the Balboa existed as a legal unit but no Panamanian paper currency circulated — the dollar filled that role entirely. President Arnulfo Arias pushed the enabling legislation through in October 1941, and notes were printed and delivered almost immediately. The government that authorized them was gone within days. Arias was overthrown on 9 October 1941 while travelling abroad, and the incoming administration moved quickly to suppress the entire issue. Most notes were withdrawn and destroyed before reaching circulation, making survivors from this series genuinely rare across all denominations.