2 1/2 Centésimos

Émetteur Panama
Année 1907-1918
Type Standard circulation coin
Valeur 21/2 Centesimos (21/2 centésimos) (0.025 PAB)
Devise Balboa (1904-date)
Composition Copper-nickel (75% Copper, 25% Nickel)
Poids 5 g
Diamètre 21 mm
Épaisseur 1.9 mm
Forme Round
Technique Milled
Orientation Coin alignment ↑↓
Graveur(s)
En circulation jusqu’à 31 August 1930
Référence(s) KM#7
Description de l’avers Coat of Arms with seven stars above. Name of the country around and date below.
Écriture de l’avers Latin
Légende de l’avers REPÚBLICA DE PANAMÁ ******* PRO MUNDI BENEFICIO 1918
(Translation: Republic of Panama For the benefit of the World)
Description du revers Central denomination numeric, in letters around, seven stars below the value.
Écriture du revers Latin
Légende du revers DOS Y MEDIO CENTÉSIMOS DE BALBOA 21/2 **** ***
(Translation: Two and a Half Centésimos of a Balboa)
Tranche Smooth
Atelier
Tirage 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 Numisquare 3947787400
Informations supplémentaires

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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