2 1/2 Centésimos

Emisor Panama
Año 1907-1918
Tipo Standard circulation coin
Valor 21/2 Centesimos (21/2 centésimos) (0.025 PAB)
Moneda Balboa (1904-date)
Composición Copper-nickel (75% Copper, 25% Nickel)
Peso 5 g
Diámetro 21 mm
Grosor 1.9 mm
Forma Round
Técnica Milled
Orientación Coin alignment ↑↓
Grabador(es)
En circulación hasta 31 August 1930
Referencia(s) KM#7
Descripción del anverso Coat of Arms with seven stars above. Name of the country around and date below.
Escritura del anverso Latin
Leyenda del anverso REPÚBLICA DE PANAMÁ ******* PRO MUNDI BENEFICIO 1918
(Translation: Republic of Panama For the benefit of the World)
Descripción del reverso Central denomination numeric, in letters around, seven stars below the value.
Escritura del reverso Latin
Leyenda del reverso DOS Y MEDIO CENTÉSIMOS DE BALBOA 21/2 **** ***
(Translation: Two and a Half Centésimos of a Balboa)
Canto Smooth
Casa de moneda
Tirada 1907 - KM#7.1 (`DOS Y MEDIOS`) - 800 000
1916 - KM#7.2 (`DOS Y MEDIO`) - 800 000
1918 - KM#7.2 (`DOS Y MEDIO`) - 7
ID de Numisquare 3947787400
Información adicional

Historical Context: The 2 1/2 Centésimos, issued 1907-1918, signifies Panama's early independence post-1903 separation from Colombia. Coinciding with the Panama Canal's construction, this period saw the young republic establish its monetary system. This copper-nickel denomination functioned as crucial fractional currency, circulating alongside the US dollar. Under presidents like Manuel Amador Guerrero, this coin symbolizes Panama's assertion of economic sovereignty during a transformative era defined by significant American influence.

Artistry: Struck at the United States Mint, the 2 1/2 Centésimos design reflects the American Neoclassical stylistic school. The obverse prominently features Panama's intricate coat of arms, depicting the Isthmus, sun, stars, and symbols of progress. The reverse clearly displays the "2 1/2 CENTESIMOS" denomination and date, often within a functional wreath. This design prioritizes clear national symbolism and legibility, reflecting the coin's utilitarian role in daily commerce.

Technical/Grading: Composed of copper-nickel (75% copper, 25% nickel), weighing 5 grams and 21 mm, this coin generally exhibits a strong strike. Key high-points for grading are within the complex obverse coat of arms, particularly the shield's intricate elements (e.g., tools, cornucopia) and the sun's rays. On the reverse, sharpness of lettering and wreath is crucial. Due to its utilitarian purpose, examples often show circulation wear; full detail in the coat of arms is a highly sought-after attribute.

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