April 26, 2024
1973 Silver coin Panama 20 Balboas Certified by NGC PF65 .925 Fine Silver
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For your consideration here is a 1973 PROOF 20 balboas coin from Panama struck to proof standard. It was minted from 129.6 grams of 0.925 fine silver (sterling silver) which converts to 3.85 ounces of silver. Certified by NGC a mint PF65 The obverse of the coin depicts Simon Bolivar, who was a leading figure in the struggle for independence of Spanish America. The country of Bolivia is named after him. The reverse depicts the great seal of Panama . The first thing to note about these coins is the sheer size. The coin is 61mm in diameter, compare this with 32mm for the Australian 50c and 30.6mm for the US Half Dollar. It is simply massive, among the bigger coins minted in history. The coins were minted from 1971 through to 1985. However from 1980 they were minted from 0.500 fine silver rather than the sterling standard and the weight dropped to just under 120 grams.
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