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1974 Silver Panama 20 Balboas Proof 21569

Obverse

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1974 Silver Panama 20 Balboas Proof 21570

reverse

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1974 Silver Panama 20 Balboas Proof 21568

Certificate

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1974 Panama 20 Balboas Silver Proof Coin

1974 Panama 20 Balboa Silver Proof Coin. Panama issued large silver 20 Balboa coins between 1971 to 1985. At the time, the 20 Balboas were one of the largest silver coins produced.

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1974 Panama 20 Balboa Silver Proof Coin.

Panama issued large silver 20 Balboa coins between 1971 to 1985. At the time, the 20 Balboas were one of the largest silver coins produced. Issued in both proof and uncirculated finishes, they are a popular choice for collectors and investors. The mintage of the proof versions is higher than that of the uncirculated coins. 

These coins are struck in sterling silver (.925 fineness) and contain 3.8544 troy ounces of the precious metal. The mintage figure for these proof coins is 116,000.

Panama

Panama was discovered by Christopher Columbus in 1502, and explored by Vasco Nunez de Balboa in 1513. It became independent of Spanish rule in 1821and joined the Confederation of Greater Columbia. In 1903 with US encouragement and support it broke away to become a fully independent republic.

Collectable Coins From Panama

Panama started issuing its own coins after independence from Columbia in 1903. In the days of Spanish control, Panama City was a main shipping centre for plundered gold and silver from Latin America, and is seems appropriate therefore that Panama has produced a number of attractive, often very large, silver coins. 

Obverse

The obverse bears a three quarter portrait of Simon Bolivar, the legendary political and military leader who helped Panama to establish itself as a sovereign state, independent of Spanish rule. The coin bears the inscription

SIMON BOLIVAR 1783 - 1830

1974

Reverse

The reverse bears the coat of arms of Panama with the inscription:

REPUBLICA DE PANAMA LEY 0.925 · · 20 BALBOAS · ·

Key Information

Intrinsic Value£95.55
Product ID3357
Stock Status

In Stock

Product Spec

MetalSilver
Silver Weight Troy Ounces3.8544
Fineness/Carat0.925 Sterling
Date1974
Obverse DesignerFranklin Mint
Reverse DesignerDon Nicanor Villalaz
Mint/BrandThe Franklin Mint
CountryPanama
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