Will make an excellent addition to anyone's foreign coin collection.
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This coin was minted 58 years ago.
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⅒ Balboa
Features
| Issuer | Panama  |
|---|---|
| Period | Republic (1903-Date) |
| Type | Standard Circulation Coin |
| Years | 1966-1993 |
| Value | ⅒ Balboa 0.1 PAB = USD 0.10 |
| Currency | Balboa (1904-Date) |
| Composition | Copper-Nickel Clad Copper (Cladding: 75% Copper, 25% Nickel; Core: 100% Copper) |
| Weight | 2.27 g |
| Diameter | 17.9 mm |
| Thickness | 1.35 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Coin Alignment ↑↓ |
| Number | N# 1036 |
| References | KM# 10, Schon# 10a |
Obverse
Coat of arms of Panama with 9 stars, legend above and wreath and date below.
Script: Latin
Lettering:
REPVBLICA DE PANAMA
*********
PRO MUNDI BENEFICIO
1980
Translation:
Republic of Panama
*********
For the benefit of the World
1980
Reverse
Armoured bust of Vasco Nunez de Balboa facing left with wreath below and denomination above. The bust touches the rim.
Script: Latin
Lettering: VN · DECIMO · DE · BALBOA
Translation: One-tenth of a Balboa
Edge
Reeded
Comments
Balboa was a Spaniard, first European who crossed the Isthmus, reached the Pacific by land and discovered the Perlas Archipelago (1513). The 9 stars represent the 9 provinces of the country at that time (there are now 10).
Since its separation from Colombia in 1903, Panama has used the United States Dollar. These coins have the same specifications as the United States Dime and circulated alongside it.
Variants: Type I thick flan with diamonds on both sides of the "DE" of value, was minted in London; Type II, thin flan, elongated diamonds, was minted in San Francisco. There is a third type with thick flan and lines around the "DE":
According to the Royal British Mint, there over 1.6 million 1967 dated coins were minted for circulation. The ultimate fate of these coins is currently unknown.
For the 1970 circulation coins, 1,380,000 were minted in 1970 and 6,120,000 were minted in 1971.
For the 1980 dated coins, 2,000,000 were minted in 1979 and 2,000,000 were minted in 1980.
Since its separation from Colombia in 1903, Panama has used the United States Dollar. These coins have the same specifications as the United States Dime and circulated alongside it.
Variants: Type I thick flan with diamonds on both sides of the "DE" of value, was minted in London; Type II, thin flan, elongated diamonds, was minted in San Francisco. There is a third type with thick flan and lines around the "DE":
According to the Royal British Mint, there over 1.6 million 1967 dated coins were minted for circulation. The ultimate fate of these coins is currently unknown.
For the 1970 circulation coins, 1,380,000 were minted in 1970 and 6,120,000 were minted in 1971.
For the 1980 dated coins, 2,000,000 were minted in 1979 and 2,000,000 were minted in 1980.
| Date | Mintage | G | VG | F | VF | XF | AU | UNC | Frequency | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1966 | 13 000 | 1.2% | Type I - Proof | |||||||||||
| 1966 | 6 955 000 | 29% | Type I (diamonds) | |||||||||||
| 1966 | 0.6% | Type II - Proof | ||||||||||||
| 1966 | 1 000 000 | 7% | Type II (elongated diamonds) | |||||||||||
| 1966 | 2% | Type III (hyphens) | ||||||||||||
| 1967 | 12 701 | 1.1% | Proof; San Francisco Mint | |||||||||||
| 1967 | 1 655 000 | 0.10% | Reported, not confirmed | |||||||||||
| 1968 | 5 000 000 | 22% | Denver Mint | |||||||||||
| 1968 | 43 193 | 1.6% | Proof; San Francisco Mint | |||||||||||
| 1969 | 14 000 | 1.0% | Proof; San Francisco Mint | |||||||||||
| 1970 | 9 528 | 0.9% | Proof | |||||||||||
| 1970 (1970-1971) | 7 500 000 | 24% | San Francisco Mint | |||||||||||
| 1971 (1972) | 10 696 | 1.0% | Proof; San Francisco Mint; Minted in 1972 | |||||||||||
| 1972 (1973) | 13 332 | 1.1% | Proof; San Francisco Mint; Minted in 1973 | |||||||||||
| 1973 | 10 000 000 | 5 | 26% | San Francisco Mint | ||||||||||
| 1973 (1974) | 16 946 | 1.2% | Proof; San Francisco Mint; Minted in 1974 | |||||||||||
| 1974 (1975) | 17 521 | 1.4% | Proof; San Francisco Mint; Minted in 1975 | |||||||||||
| 1975 | 500 002 | 3% | Denver Mint | |||||||||||
| 1980 (1979-1980) | 5 000 000 | 13% | Philadelphia Mint | |||||||||||
| 1982 |  | 7 740 000 | 16% | Philadelphia Mint | ||||||||||
| 1983 | 7 750 000 | 20% | Royal Canadian Mint | |||||||||||
| 1986 | 1 000 000 | 3% | Royal Canadian Mint | |||||||||||
| 1993 | 7 000 000 | 12% | Royal Canadian Mint | |||||||||||
| 1993 | 0.7% | Royal Canadian Mint; Proof, not authorized | ||||||||||||