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The Panama 2.5 centesimos 1916 KM#7.2 VF is a captivating numismatic artifact that invites us to explore the confluence of history, craftsmanship, and artistry. As a coin expert, I am excited to delve into the intricacies of this coin, encompassing its historical context, intricate design, precise specifications, and the esteemed mint where it was created. The history of the Panama 2.5 centesimos 1916 KM#7.2 VF is intertwined with Panama's pursuit of economic and political independence. During the early 20th century, Panama had already secured its sovereignty, having declared independence from Colombia in 1903. This coin, minted in 1916, represents a significant era in Panama's history, marked by its efforts to establish a stable currency system and promote economic growth.
The design of the Panama 2.5 centesimos 1916 KM#7.2 VF showcases the harmonious blend of artistic finesse and historical symbolism. The obverse side of the coin features the iconic shield of Panama, adorned with stars and stripes, symbolizing the nation's historical ties to the United States. The reverse side elegantly presents the denomination "2 ½ Centesimos" and the year of minting, "1916," encircled by a wreath of laurel leaves. In Very Fine (VF) condition, the coin's design retains its discernible details, offering a window into the artistry of the era.
Measuring 21.5 millimeters in diameter and weighing approximately 5 grams, the Panama 2.5 centesimos 1916 KM#7.2 VF belongs to the category of small denomination coins. Its modest size and weight make it a convenient and collectible addition to any coin collection. The coin's composition predominantly consists of bronze, with a specific alloy employed to ensure both durability and visual appeal.
The mint responsible for crafting this numismatic masterpiece was none other than the esteemed Heaton Mint, situated in Birmingham, England. The association with the Heaton Mint reflects the historical and economic ties between Panama and England during this period. The Heaton Mint was celebrated for its unwavering commitment to coinage excellence and adhered to rigorous quality standards to ensure that the Panama 2.5 centesimos 1916 KM#7.2 VF met the highest numismatic criteria of its time.
The Panama 2.5 centesimos 1916 KM#7.2 VF is more than just a coin; it is a tangible piece of Panama's history and economic development. Its intricate design, modest dimensions, and connection to the esteemed Heaton Mint make it a coveted addition to any coin collection. Whether you are an experienced numismatist or a budding collector, this coin's rich history and Very Fine condition make it a cherished relic of the past—an enduring testament to Panama's journey towards stability and prosperity.