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Panamanian 1 balboa coin

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The 1 balboa coin was beginning issued by the National Bank of Panama in 1931 and was initially minted until 1947. [ 1 ] A like issue was introduced from 1966 to 1974, and then again from 1983 to 1985. [ 2 ] [ 3 ] The obverse of the 1 balboa coin was changed in 1975, and the new coin was produced until 1982. [ 4 ] A new general publish 1 balboa coin coin was issued in 2011. [ 5 ] commemorative coins of this denomination were minted in 1953, 1978, from 1982-1984, in 1988, and in 1999. [ 4 ]

history

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first issues

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The first panamanian 1 balboa coin was issued in 1931. It was composed of .900 fine silver medal, weighed 26.73 grams, and measured 38.1 millimeters in diameter. Its composition, size, and bulk were intentionally made identical to those of the United States Peace dollar. A female trope leaning on a simplify panamanian coat of arms holding a fasces in one hand and an oak ramify in the other was depicted on the coin ‘s obverse. The state title of Panama ( inscribed as “ REPVBLICA DE PANAMA ” ) was separated by the calculate, and the year of mint was displayed underneath the depiction. To the right of the female calculate was a display of the coin ‘s argent fineness ( as “ LEY. 0.900 ” ) and its mass ( as “ GR. 26.73 ” ). A portrayal of spanish conquistador and explorer, Vasco Núñez de Balboa flanked by two branches was displayed on the revoke, with the prize ( as “ VN BALBOA ” ) inscribed above. panamanian artist Roberto Lewis designed the coin ‘s obverse, and American sculptor William Clark Noble designed the overrule. A sum of 925,020 of these coins were produced, with the largest total ( 500,000 coins ) being produced in 1947, the final class of minting for the return, and the lowest measure ( 200,020 coins ) being produced in 1931. Twenty of the coins minted in 1931 were proofs. [ 1 ]
In 1953, to commemorate the fiftieth anniversary of Panama ‘s independence, a special publish of panamanian coins was introduced, which included a commemorative 1 balboa mint. It had the lapp dimensions, bulk, and musical composition as the original issue. The blueprint on the obverse was very like to the one used on the previous mint ; however, the fish of the coating of arms was slightly altered, the purpose of the female figure was simplified, and a smaller baptismal font was used for the text. A more detailed persona of Vasco Núñez de Balboa was used on the inverse of the commemorative coin. The caption around the margin below Balboa read “ CINQUENTENARIO ” ( 500th Anniversary ), while the text above indicated the coin ‘s value. Both groups of textbook were separated from each early by two branches on each side of the coin. A sum of 50,000 of the 1953 commemorative 1 balboa coins were produced. [ 6 ]
In 1966, a new return of the 1 balboa mint was introduced. Its constitution, size, and multitude were identical to those of the former coins. The mint ‘s obverse was about wholly changed. The female figure leaning on the panamanian coat of arms was replaced by the entire arms of the state. Inscribed above the arms was the state title of Panama, and underneath it was the mint ‘s class of minting flanked by two branches. The coin ‘s silver fineness was displayed to the left of the coating of arms, and its multitude was inscribed to the right. William Clark Noble ‘s design from the first publish of coins was reused for the second exit ‘s reverse, and was identical in appearance to those of the previous coins. A total of 471,081 of these coins were minted until 1974. All the coins of this exit were proof, except for 300,000 coins minted in 1966. [ 2 ] A coin like to the irregular consequence was introduced in 1983. The diameter of the first two issues was retained, but the silver fineness was dropped to 0.50, which in twist lowered the batch to 20.74 grams. Some flimsy alterations were made to the mint ‘s obverse. It still displayed the panamanian coat of arms, but it had been slightly reduced in size. besides, the baptismal font around the mint ‘s circumference was changed, the mint ‘s ash grey fineness was displayed as “ LEY 0.500 ”, and its mass inscription was removed. The reverse, however, managed to retain the original portrait of Balboa and the rate. lone 3600 of these coins were produced until 1985, with the highest phone number ( 1602 coins ) being minted in 1983, and the lowest count ( 954 coins ) being produced in 1985. [ 3 ] Cupronickel design coins were produced in 1986, but were never issued. [ 4 ]

second Balboa portrayal

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In 1975, the third base general issue 1 balboa coin was introduced. The first were struck in cupronickel clothe copper or .925 fine silver. In 1980, the silver coins ‘ silver message was reduced to being .500 finely. All measured 38.1 millimeters in diameter, but the masses varied as a resultant role of the different compositions. The cupronickel invest copper coins weighed 22.68 grams, the initial .925 flatware coins weighed 26.73 grams, and the .500 argent coins had masses of 20.74 grams. A belittled panamanian coat of arms was displayed on the obverse of each coin. The state title was inscribed above the arms, around the mint ‘s circumference, and the coin ‘s value was displayed below it, besides inscribed around the circumference. The silver contentedness of the eloquent coins was displayed underneath the coat of arms. A left-facing portrayal of Vasco Núñez de Balboa was used on the coin ‘s reverse. His name was inscribed above the portrayal, and below it was the mint ‘s year of minting. twenty-two thousand erroneous cupronickel clad copper coins from 1975 to 1976 were minted with “ LEY .925 ” on their obverses underneath the panamanian coat of arms, and 11 coins of the same composing were struck in 1982 with “ LEY .500 ” in the same localization. between 1975 and 1982, a total of 31,206 cupronickel clothe copper coins ( including errors ), 8570 .925 silver coins, and 7099 .500 ash grey coins were minted. [ 4 ] In 1978, in commemoration of the seventy-fifth anniversary of Panama ‘s independence, special 1 balboa coins were struck in cupronickel clothe copper and .925 fine silver. Their masses and diameters were identical to those of the match 1 balboa coins circulating during the time. The words “ 75o ANIVERSARIO ” were inscribed above the coat of arms and underneath the state of matter entitle on the mint ‘s obverse. Both coins ‘ obverses featured the design used on the third issue balboa coins. Four thousand were struck in cupronickel clad copper, and 13,000 were struck in eloquent. [ 4 ]

Torrijos commemorative mint

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General Omar Torrijos, an authoritative panamanian governmental design, died in 1981 as a result of a plane crash near Penonomé, Panama. A year by and by, in 1982, a commemorative 1 balboa mint was minted in his award. It was composed of cupronickel, weighed 22.4 grams, and measured 37.8 millimeters in diameter. The mint ‘s obverse was identical to those of the one-third and fourth general issues of 1 balboa coins, featuring the panamanian coat of arms, the state entitle of Panama, and the coin ‘s value. A portrait of General Torrijos was engraved on the reverse. His identify was inscribed around the mint ‘s circumference above the portrait ( as “ GENERAL OMAR TORRIJOS H. ” ), and the class of mint was displayed under Torrijos ‘ portrayal. A full of 600,250 of these commemorative coins were minted between 1982 and 1984. Two hundred fifty dollar bill examples produced in 1982 were minted in proofread quality and bore a “ frosted ” luster. All these proof examples bore a frost obverse, but a majority ( 200 pieces ) besides bore a frosted rearward. [ 7 ]

1988 commemorative coins

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The National Bank of Panama issued ten unlike medallic commemorative 1 balboa coins in 1988. These coins were subsequently declared illegal by the panamanian Minister of Finance because their offspring was unauthorized, and they became marketed in Germany. Four were minted to commemorate the 1988 Winter Olympics in Calgary, Canada, another four commemorated the 1988 Summer Olympics in Seoul, South Korea. Martin Luther King, Jr. was featured on one coin, and another expose U.S. President John F. Kennedy. Each mint was struck in cupronickel or pure silver. The cupronickel coins weighed about 14.3 grams, while the silver pieces weighed 15 grams. typically, 70,000 examples of each coin were produced, with 50,000 hit in cupronickel and 20,000 in flatware. even though the reverse of each 1988 commemorative balboa coin varied, the obverse was consistent. Like many of its predecessors, the panamanian coat of arms was engraved in the center of the mint ‘s obverse, with the submit title inscribed above around the circumference. The mint ‘s value ( as “ 1.00 VN BALBOA ” ) was displayed underneath the arms. [ 4 ]

1999 commemorative coin

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In 1999, to commemorate the regression of the Panama Canal, a special 1 balboa coin was minted. It was composed of cupronickel dress copper, weighed 22.68 grams, and measured 38.1 millimeters in diameter. The coin bore a reeded edge. Then- President Mireya Moscoso was featured on the mint ‘s obverse, flanked by the dates of her presidency ( 1999 to 2004 ). To the leave of the portrait was the coin ‘s value, and to the right was an dedication denoting the mint ‘s bulk. Moscoso ‘s name was inscribed above her around the circumference, and underneath the portrait was a legend reading “ PRESIDENTA DE PANAMA ”, besides around the circumference. In the center of the coin ‘s rearward, an trope of a ship moving down the Panama Canal was displayed, with a panamanian masthead in the foreground above a cosmetic ribbon bearing the state title. To the right of the prototype was a legend understand “ AÑO 1999 ”, denoting the coin ‘s year of mint. “ REVERSION DEL CANAL DE PANAMA ” was inscribed above the trope around the coin ‘s circumference, and “ JUNTOS HACIA EL NUEVO MILENIO ” ( “ together into the new millennium ” ) was written below. A total of 350,000 1999 commemorative coins were issued. Two thousand of these examples were minted in proof quality. [ 8 ]

2011 write out

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The National Bank of Panama introduced its most late cosmopolitan topic 1 balboa coin in 2011. It is bimetal, consisting of an outer ring composed of nickel and steel, and a center of nickel, administration, and sword. The coin weighs 7.2 grams, measures 26.5 millimeters in diameter and 2 millimeters in thickness. An effigy of Vasco Núñez de Balboa was engraved in the nickel-brass-steel center field of the mint ‘s obverse. Above the portrayal, Balboa ‘s name was inscribed in the coin ‘s outer resound, and the year of mint was displayed below the image, besides in the out hoop. The panamanian arms were displayed in the center of the coin ‘s reverse. The state of matter title of Panama was inscribed in the ring above the arms, and the mint ‘s value was written underneath the arms, besides in the ring. [ 5 ]

See besides

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  • Palo Seco 1 dollar coin
  • United States 1 dollar coin

References

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informant : https://leowiki.com
Category : Economy

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