1979 Panama 200 Balboa Platinum Proof Coin.

Panama is one of the few nations which has issued platinum coins. This platinum coin commemorates the implementation of the 1979 Panama Canal Treaty.

The coin is stuck to a proof standard in 0.980 fine platinum. It contains 0.2994 troy ounces of the precious metal.

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 depicts the Panama flag with an outline of the Panama Canal. The inscription reads:

EJECUCİÓN DE LOS TRATADOS DEL CANAL DE PANAMÁ
TRATADOS
TORRIJOS
CARTER
1979

Reverse

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

REPUBLICA DE PANAMA · · 200 BALBOAS · ·

Key Information

Intrinsic Value	£429.72
Product ID	9439
Stock Status	Out of Stock

Product Spec

Metal	Platinum
Platinum Weight Troy Ounces	0.2994
Fineness/Carat	0.980
Date	1979
Obverse Designer	Franklin Mint
Reverse Designer	Don Nicanor Villalaz
Mint/Brand	The Franklin Mint
Country	Panama

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1979 Platinum Panama 200 Balboas Proof Coin - In Capsule