Item: i107809

Authentic Coin of:

Panama
11th Central American and Caribbean Games Commemorative issue
1970
Silver 5 Balboas 39mm (36.08 grams) 0.925 Silver (1.0617 oz. ASW)
Reference: KM# 28
XI JUEGOS DEPORTIVOS CENTRO AMERICANOS Y DEL CARIBE PANAMA 1970 around discus thrower (emulating Myron's Discobolus).
REPUBLICA DE PANAMA LEY 0.925 5 BALBOAS around national coat-of-arms with 5 stars above it.

The 11th Central American and Caribbean Games were held in Panama City, the capital of Panama from February 28 to March 13, 1970. These games featured 21 participating nations and a total number of 2,095 athletes.

You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.


The discus throw is a track and field event in which an athlete throws a heavy disc-called a discus-in an attempt to mark a farther distance than their competitors. It is an ancient sport, as demonstrated by the fifth-century-BC Myron statue, Discobolus. Although not part of the modern pentathlon, it was one of the events of the ancient Greek pentathlon, which can be dated back to at least to 708 BC.

The Discobolus of Myron ("discus thrower", Greek: Δισκοβόλος, Diskobólos) is a Greek sculpture completed towards the end of the Severe Period, figuring a youthful ancient Greek athlete throwing discus, circa 460-450 BC. The original Greek bronze is lost but the work is known through numerous Roman copies, both full-scale ones in marble, which was cheaper than bronze, such as the first to be recovered, the Palombara Discobolus, and smaller scaled versions in bronze.

A Discobolus in the National Roman Museum in Palazzo Massimo alle Terme.

A discus thrower depicted is about to release his throw: "by sheer intelligence", Kenneth Clark observed in The Nude, "Myron has created the enduring pattern of athletic energy. He has taken a moment of action so transitory that students of athletics still debate if it is feasible, and he has given it the completeness of a cameo." The moment thus captured in the statue is an example of rhythmos, harmony and balance. Myron is often credited with being the first sculptor to master this style. Naturally, as always in Greek athletics, the Discobolus is completely nude. His pose is said to be unnatural to a human, and today considered a rather inefficient way to throw the discus. Also there is very little emotion shown in the discus thrower's face, and "to a modern eye, it may seem that Myron's desire for perfection has made him suppress too rigorously the sense of strain in the individual muscles," Clark observes. The other trademark of Myron embodied in this sculpture is how well the body is proportioned, the symmetria.

The potential energy expressed in this sculpture's tightly wound pose, expressing the moment of stasis just before the release, is an example of the advancement of Classical sculpture from Archaic. The torso shows no muscular strain, however, even though the limbs are outflung.


Panama, officially the Republic of Panama, is the southernmost country of Central America and the whole of North America.

Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean to the north and the Pacific Ocean to the south. The capital and largest city is Panama City, whose metro area is home to nearly half of the country's 3.6 million people.

Panama was inhabited by several indigenous tribes prior to settlement by the Spanish in the 16th century. It broke with Spain in 1821 and joined a union of Nueva Granada, Ecuador, and Venezuela named the Republic of Gran Colombia. When Gran Colombia dissolved in 1831, Panama and Nueva Granada remained joined, eventually becoming the Republic of Colombia. With the backing of the United States, Panama seceded from Colombia in 1903, allowing the Panama Canal to be built by the U.S. Army Corps of Engineers between 1904 and 1914. In 1977, an agreement was signed for the total transfer of the Canal from the United States to Panama by the end of the 20th century, which culminated on 31 December 1999.

Revenue from canal tolls continues to represent a significant portion of Panama's GDP, although commerce, banking, and tourism are major and growing sectors. Panama has the second largest economy in Central America and it is also the fastest growing economy and the largest per capita consumer in Central America. In 2013, Panama ranked 5th among Latin American countries in terms of the Human Development Index, and 59th in the world. Since 2010, Panama remains the second most competitive economy in Latin America, according to the World Economic Forum's Global Competitiveness Index. Covering around 40 percent of its land area, Panama's jungles are home to an abundance of tropical plants, animals and birds - some of them to be found nowhere else in the world.


Frequently Asked Questions

Mr. Ilya Zlobin, world-renowned expert numismatist, enthusiast, author and dealer in authentic ancient Greek, ancient Roman, ancient Byzantine, world coins & more.
Mr. Ilya Zlobin, world-renowned expert numismatist, enthusiast, author and dealer in authentic ancient Greek, ancient Roman, ancient Byzantine, world coins & more.

Who am I dealing with?

You are dealing with Ilya Zlobin, ancient coin expert, enthusiast, author and dealer with an online store having a selection of over 15,000 items with great positive feedback from verified buyers and over 10 years experience dealing with over 57,000 ancient and world coins and artifacts. Ilya Zlobin is an independent individual who has a passion for coin collecting, research and understanding the importance of the historical context and significance all coins and objects represent. Most others are only concerned with selling you, Ilya Zlobin is most interested in educating you on the subject, and providing the largest selection, most professional presentation and service for the best long-term value for collectors worldwide creating returning patrons sharing in the passion of ancient and world coin collecting for a lifetime.

How long until my order is shipped?

Orders are shipped by the next business day (after receipt of payment) most of the time.

How will I know when the order was shipped?

After your order has shipped, you will be left positive feedback, and that date could be used as a basis of estimating an arrival date. Any tracking number would be found under your 'Purchase history' tab.

USPS First Class mail takes about 3-5 business days to arrive in the U.S. International shipping times cannot be estimated as they vary from country to country.

Standard international mail to many countries does not include a tracking number, and can also be slow sometimes. For a tracking number and signature confirmation, you may want to do Express Mail International Shipping, which costs more, however, is the fastest and most secure. Additionally you may be able to receive your order in as little as 3-5 business days using this method. For Express Mail International, it may be possible to place up to 10-15 items in one package (for the one shipping cost) as it is flat rate envelope, which may be the most cost-effective, secure and fastest way to receive items internationally. Send me a message about this and I can update your invoice should you want this method.

Getting your order to you, quickly and securely is a top priority and is taken seriously here. Great care is taken in packaging and mailing every item securely and quickly.

Please be aware, I cannot take responsibility for any postal service delivery delays, especially for international packages as it may happen in rare instances.

What is a certificate of authenticity and what guarantees do you give that the item is authentic?

Each of the items sold here, is provided with a Certificate of Authenticity, and a Lifetime Guarantee of Authenticity, issued by a world-renowned numismatic and antique expert that has identified over 57,000 ancient coins and has provided them with the same guarantee. You will be very happy with what you get with the COA; a professional presentation of the coin, with all of the relevant information and a picture of the coin you saw in the listing. Additionally, the coin is inside it's own protective coin flip (holder), with a 2x2 inch description of the coin matching the individual number on the COA.

On the free-market such a presentation alone, can be considered a $25-$50 value all in itself, and it comes standard with your purchases from me, FREE. With every purchase, you are leveraging my many years of experience to get a more complete context and understanding of the piece of history you are getting. Whether your goal is to collect or give the item as a gift, coins presented like this could be more prized and valued higher than items that were not given such care and attention to.

Buy a coin today and own a piece of history, guaranteed.

Is there a money back guarantee?

I offer a 30 day unconditional money back guarantee. I stand behind my coins and would be willing to exchange your order for either store credit towards other coins, or refund, minus shipping expenses, within 30 days from the receipt of your order. My goal is to have the returning customers for a lifetime, and I am so sure in my coins, their authenticity, numismatic value and beauty, I can offer such a guarantee.

When should I leave feedback?

Once you receive your order, please leave a positive feedback. Please don't leave any negative feedbacks, as it happens sometimes that people rush to leave feedback before letting sufficient time for their order to arrive. Also, if you sent an email, make sure to check for my reply in your messages before claiming that you didn't receive a response. The matter of fact is that any issues can be resolved, as reputation is most important to me. My goal is to provide superior products and quality of service.

How and where do I learn more about collecting ancient coins?

Visit the "Guide on How to Use My Store" for on an overview about using my store, with additional information and links to all other parts of my store which may include educational information on topics you are looking for.