5 Centésimos

Emittent Panama
Jahr 1904-1916
Typ Standard circulation coin
Nennwert 5 Centesimos (5 centésimos) (0.05 PAB)
Währung Balboa (1904-date)
Material Silver (.900) (Copper .100)
Gewicht 2.5 g
Durchmesser 18 mm
Dicke 1.1 mm
Form Round
Prägetechnik Milled
Ausrichtung Coin alignment ↑↓
Stempelschneider
Im Umlauf bis 31 August 1930
Referenz(en) KM#2, Schön#2
Aversbeschreibung Bust of Vasco Núñez de Balboa facing left surrounded by legend.
Aversschrift Latin
Averslegende REPUBLICA DE PANAMA DIOS LEY LIBERTAD BALBOA 1904
(Translation: Republic of Panama God Law Freedom)
Reversbeschreibung Coat of Arms with seven stars above. Value in letters and silver content around.
Reversschrift Latin
Reverslegende CINCO CENTESIMOS DE BALBOA ⋆⋆⋆⋆⋆⋆⋆ PRO MUNDI BENEFICIO G.2.500 LEY 0.900
(Translation: Five Centesimos of a Balboa For the Benefit of the World 2.5 Grams 0.900 Purity)
Rand Reeded
Prägestätte
Auflage 1904 - Minted from 1904-1905 - 1 500 000
1904 - Proof - 12
1916 - - 100 000
Numisquare-ID 4147286110
Zusätzliche Informationen

Historical Context: The 5 Centésimos (1904-1916) represents Panama’s foundational coinage, issued shortly after its 1903 independence from Colombia. This era was defined by profound U.S. influence, particularly the Panama Canal construction. As a nascent sovereign nation, Panama established its monetary system, pegging the Balboa to the U.S. dollar, symbolizing its economic ties and national identity. These early issues were crucial for domestic currency circulation.

Artistry: Though a specific engraver isn't widely cited, the design reflects the neoclassical style of early 20th-century American minting, as these coins were struck at the U.S. Mint. The obverse proudly displays Panama's intricate Coat of Arms, rich with national symbolism: the Isthmus, rising sun, tools, and cornucopia. The reverse features "5 CENTESIMOS" and the date encircled by a laurel wreath, a classic motif of honor.

Technical/Grading: Struck in .900 fine silver, the 18mm, 2.5-gram 5 Centésimos has key high-points for grading. These include the uppermost details of the eagle or sun rays above the obverse shield, and the highest points of the reverse laurel wreath leaves. Due to the small flan and complex Panamanian Coat of Arms, minor strike weakness is common, particularly on the shield's intricate elements, even on well-preserved examples.

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