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

Denomination	Diameter	Weight	Fineness	Gold Content
500 Balboas	45	41.7000	.900	1.2067
100 Balboas	26	8.1600	.900	.2361

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
The prices quoted in the US $ column may be out of date due to currency fluctuations.

Date	Denomination	Description	Grade	Mintage	Availability	Price £	Price $
1975	100 Balboas	Vasco Nunez de Balboa	Proof, about FDC	75,000	Yes	£90	$
1975	100 Balboas	Vasco Nunez de Balboa	Proof, about FDC, First Day of Issue in Sealed Cachet		Yes	£125	$230
1976	100 Balboas	Vasco Nunez de Balboa	Proof, about FDC	11,000	Ask	£100	$165
1976	100 Balboas	Vasco Nunez de Balboa	Proof, about FDC, First Day of Minting in Sealed Cachet		Yes	£135	$250
1976	500 Balboas	Vasco Nunez de Balboa Descubridor del Pacifico	Proof, about FDC	2,669	Ask	£499	$925
1977	100 Balboas	Vasco Nunez de Balboa	Proof, about FDC	5,092	Yes	£110	$180
1977	100 Balboas	Vasco Nunez de Balboa	Proof, about FDC, First Day of Minting in Sealed Cachet		Yes	£135	$250
1978	100 Balboas	Vasco Nunez de Balboa	Proof, about FDC, First Day of Minting in Sealed Cachet		Yes	£135	$250
1978	100 Balboas	3 Flowers - 'Paz y Progreso'	Proof, FDC	4,829	Yes	£150	$280
1979	100 Balboas	Vasco Nunez de Balboa	Proof, about FDC, First Day of Minting in Sealed Cachet		Yes	£135	$250
1979	100 Balboas	Pre-Columbian Art - Golden Turtle	Proof, FDC	6,086	Yes	£150	$280

Postage & Packing
UK Registered Post (Special Delivery) £5 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.