-
Inventory:
7 In Stock
- Product ID: 30413
Checkout
The Panama 1/2 Balboa 1973 KM#12b PF is a fascinating numismatic treasure that holds a special place in the world of coin collectors and enthusiasts. This coin, minted in 1973, carries a rich history, captivating design elements on both its front and back faces, and intriguing specifications that make it a sought-after piece in the numismatic world.
The history of the Panama 1/2 Balboa coin can be traced back to the Republic of Panama's official adoption of the Balboa as its currency in 1904. The Balboa was named after the Spanish explorer Vasco Núñez de Balboa, who is renowned for being the first European to set eyes on the Pacific Ocean. It was initially pegged to the United States dollar at a 1:1 ratio, making it interchangeable with U.S. currency.
The design of the Panama 1/2 Balboa 1973 KM#12b PF coin is a testament to Panama's unique cultural heritage and historical significance. The obverse side of the coin features a depiction of Vasco Núñez de Balboa, the namesake of the currency, standing with a banner in his hand. This image pays homage to his exploratory journey and pivotal role in Panama's history. The details of the design are exquisitely executed, with Balboa's likeness rendered in fine detail, and the background adorned with intricate patterns. On the reverse side of the coin, the coat of arms of Panama takes center stage. The coat of arms is composed of a shield divided into four quadrants, each representing different aspects of Panama's history and culture. These elements include a ship, a cornucopia, a crossed sword and gun, and a mountain range. Surrounding the shield are vibrant laurel wreaths, adding to the coin's visual appeal. The design captures the essence of Panama's identity, combining elements of its history, commerce, and natural beauty.
In terms of size, the Panama 1/2 Balboa 1973 KM#12b PF coin is approximately 30.6 millimeters in diameter. Its size contributes to its overall aesthetic appeal, allowing the intricate design details to be showcased prominently.
This coin has a weight of approximately 11.5 grams, which adds a satisfying heft when held in hand. This weight, combined with its size, makes it a substantial and substantial addition to any coin collection.
In terms of purity, the Panama 1/2 Balboa 1973 KM#12b PF coin is typically composed of cupronickel. Cupronickel is a durable alloy made from copper and nickel, which not only enhances the coin's durability but also gives it a distinct luster and appearance.
The coin was minted at the National Mint of Panama, which is the country's official minting facility responsible for producing its currency. The mintage of the 1973 Panama 1/2 Balboa coin can vary, but it is often relatively low compared to larger denominations, making it a somewhat scarce find for collectors.
The condition of the Panama 1/2 Balboa 1973 KM#12b PF coin is a crucial factor in determining its value and desirability among collectors. Collectors typically seek coins in uncirculated or proof-like condition, with minimal wear and well-preserved surfaces. Coins in such condition retain their original luster and showcase the design details in their full glory.
In addition to its numismatic significance, the Panama 1/2 Balboa coin holds a historical connection to the country itself. Panama is a nation known for its strategic location, connecting the Atlantic and Pacific Oceans through the Panama Canal. This engineering marvel has played a vital role in global trade and commerce, making Panama a pivotal player in international affairs. The coin serves as a tangible reminder of Panama's history, culture, and contributions to the world.
In conclusion, the Panama 1/2 Balboa 1973 KM#12b PF coin is a captivating numismatic piece that offers a window into Panama's rich history and cultural heritage. Its intricate design, appropriate size, and weight, coupled with its historical significance, make it a cherished addition to any coin collection. Whether as a collector's item or a tangible piece of Panama's past, this coin continues to hold its value and significance in the world of numismatics.