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Panama Gold Coins

Brief Panama History

Panama was discovered by 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 it broke away and became a fully independent republic.
The Panamanian Balboa is exchangeable at par with the US dollar.

Panama Gold Coins

The nominal or face value of many of Panama's gold coins is high relative to its gold content. At the time of writing, for example, 100 Balboas (= $100 US) was worth about £60, and its gold content was worth about £55. Compare this with a British sovereign which has a face value of £1 and a gold content similar to the 100 Balboas. When buying and selling Panama gold coins therefore we need to take into account the face value as well as the gold content.

Technical Specifications

DenominationDiameterWeightFinenessGold Content
500 Balboas4541.700.9001.2067
100 Balboas268.160.9000.2361
75 Balboas2810.600.5000.1704
50 Balboas265.370.5000.0861

Notes

Denomination = Face Value
Diameter = Approximate Diameter in millimetres.
Weight = Stated gross weight in grams.
Alloy = Fineness of gold.
AGW = Gold Content = Actual fine gold weight in troy ounces.

Prices & Availability

Please contact us prior to ordering for current prices and availability.
DateDenominationDescriptionGradeMintage
1975100 BalboasVasco Nunez de BalboaProof, about FDC75,000
1976100 BalboasVasco Nunez de BalboaProof, about FDC11,000
1976500 BalboasVasco Nunez de Balboa Descubridor del PacificoProof, about FDC2,669
1977100 BalboasVasco Nunez de BalboaProof, about FDC5,092
197875 Balboas75th Anniversary of IndependenceProof9,161
1978100 BalboasVasco Nunez de BalboaProof, about FDC, First Day of Minting in Sealed Cachet 
1978100 Balboas3 Flowers - 'Paz y Progreso'Proof, FDC4,829
1979100 BalboasVasco Nunez de BalboaProof, about FDC, First Day of Minting in Sealed Cachet 
1979100 BalboasPre-Columbian Art - Golden TurtleProof, FDC6,086
1980100 BalboasPanama Canal CentennialProof, FDC2,468
198250 BalboasChristmasProof, FDC1,361

Postage & Packing

UK Registered Post (Special Delivery) £9 per order
EU Insured Post £10 per order
USA Airmail $10 per order
USA Insured Shipping $20 per order

Panama Silver and Base Metal Coins

For silver and base metal coins of Panama, please look at our original Chard Coins website.
Reverse of Panama 100 Balboas of 1982

Obverse of 1982 Panama 50 Balboas

Countries Index

Reverse of Panama 100 Balboas of 1982

Reverse of 1982 Panama 50 Balboas

Reverse of 1978 Panama 75 Balboas

Reverse of 1978 Panama 75 Balboas

Reverse of Panama 100 Balboas of 1980

Reverse of 1980 Panama 100 Balboas

World Gold Coins

 


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