50 Centésimos

Uitgever Panama
Jaar 1904-1905
Type Standard circulation coin
Waarde 50 Centesimos (50 centésimos) (0.50 PAB)
Valuta Balboa (1904-date)
Samenstelling Silver (.900) (Copper .100)
Gewicht 25 g
Diameter 37 mm
Dikte 2.7 mm
Vorm Round
Techniek Milled
Oriëntatie Coin alignment ↑↓
Graveur(s)
In omloop tot 31 August 1930
Referentie(s) KM#5
Beschrijving voorzijde Bust of Vasco Núñez de Balboa facing left surrounded by legend.
Schrift voorzijde Latin
Opschrift voorzijde REPUBLICA DE PANAMA DIOS LEY LIBERTAD BALBOA 1904
(Translation: Republic of Panama God Law Freedom)
Beschrijving keerzijde Coat of Arms with seven stars above. Value in letters and silver content around.
Schrift keerzijde Latin
Opschrift keerzijde CINCUENTA CENTESIMOS DE BALBOA ⋆⋆⋆⋆⋆⋆⋆ PRO MUNDI BENEFICIO G.25. LEY 0.900
(Translation: Fifty Centesimos of a Balboa For the Benefit of the World 25 Grams 0.900 Purity)
Rand Reeded
Muntplaats
Oplage 1904 - - 1 800 000
1905 - Most were melted down - 1 000 000
Numisquare-ID 3808022120
Aanvullende informatie

Historical Context: The 50 Centésimos coin of 1904-1905 marks a pivotal moment, representing the nascent Republic of Panama's first national coinage following its 1903 independence from Colombia. This era was defined by the Panama Canal's construction and significant US influence, which guaranteed Panamanian sovereignty and established the US dollar as legal tender. This large silver issue was designed to circulate at par with US fractional coinage, symbolizing the nation's new economic and political autonomy.

Artistry: While the specific engraver is not explicitly documented, the coin's design reflects the neoclassical style prevalent at the United States Mint in Philadelphia, where these early issues were struck. The obverse prominently features the newly adopted Coat of Arms of Panama, depicting an eagle, sun, and symbols of progress. The reverse presents an allegorical seated female figure, interpreted as Liberty or the Republic, holding a shield and olive branch, with Volcán Barú in the background, symbolizing the nation's natural grandeur.

Technical/Grading: Struck in .900 fine silver, weighing 25 grams and measuring 37 millimeters, this substantial coin often exhibits strike weaknesses. Key high-points for grading include the eagle's breast feathers and shield details on the obverse. On the reverse, the allegorical figure's facial features, hair, the volcano's peak, and drapery folds are crucial. Due to its size, these coins are prone to bag marks and contact abrasions, making well-preserved examples with strong luster and minimal imperfections particularly desirable.

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