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The Panama 1 Centesimo 1972 KM#22 PF coin is a fascinating numismatic piece that offers a glimpse into the history and culture of Panama. Minted in 1972, this coin carries a rich heritage and distinctive design, making it a noteworthy addition to any coin collection.
The history of the Panama 1 Centesimo coin is closely intertwined with the country's adoption of the Balboa as its official currency. The Balboa, named after the Spanish explorer Vasco Núñez de Balboa, has been Panama's official currency since 1904. It is interesting to note that Panama also recognizes the U.S. dollar as legal tender, and both currencies are widely accepted within the country.
The design of the Panama 1 Centesimo 1972 KM#22 PF coin is a testament to Panama's unique cultural heritage and natural beauty. On the obverse side of the coin, you will find a depiction of a harpy eagle perched on a branch. The harpy eagle is one of the largest and most powerful eagles globally and is native to the rainforests of Central and South America, including Panama. This image pays homage to Panama's rich biodiversity and ecological significance.
On the reverse side of the coin, the denomination "1 CENTESIMO" is prominently displayed at the center, along with the year of minting, "1972." The overall design is framed by an ornate border, adding to the coin's visual appeal.
In terms of its physical specifications, the Panama 1 Centesimo 1972 KM#22 PF coin is relatively small in size, with a diameter of approximately 19 millimeters. Its compact dimensions make it easy to handle and collect, allowing for the intricate design details to be appreciated.
The coin has a weight of approximately 2.5 grams, providing a lightweight and convenient form. Its modest weight makes it suitable for both collecting and everyday use as a circulating coin.
Regarding its composition, the Panama 1 Centesimo coin is typically made from cupronickel, an alloy composed of copper and nickel. Cupronickel is known for its durability and resistance to corrosion, ensuring that the coin can withstand the rigors of circulation while retaining its luster and appearance.
The coin was minted in Panama, specifically at the National Mint of Panama, the country's official minting facility responsible for producing its currency. The mintage of the 1972 Panama 1 Centesimo coin can vary, with production quantities depending on the country's economic requirements and demand for small denomination coins.
A noteworthy fact about Panama is its incredible biodiversity and lush rainforests, which are home to a wide variety of plant and animal species, including the harpy eagle depicted on the coin. Panama's commitment to preserving its natural heritage is reflected in its coinage, which often features wildlife and flora indigenous to the region.
In conclusion, the Panama 1 Centesimo 1972 KM#22 PF coin is a captivating numismatic treasure that showcases Panama's natural beauty and cultural identity. Its small size, lightweight composition, proof finish, and connection to Panama's diverse wildlife make it a cherished addition to any coin collection. Whether admired for its aesthetic appeal, representation of Panama's rich biodiversity, or historical significance, this coin serves as a testament to the nation's unique heritage and contributions to the world of numismatics.