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The Panama 2.5 centesimos 1916 KM#7.2 XF is a numismatic gem that offers a captivating glimpse into Panama's history and artistic heritage.The history of the Panama 2.5 centesimos 1916 KM#7.2 XF is closely intertwined with Panama's quest for economic stability and political independence. By 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 endeavors to establish a reliable currency system and promote economic growth.
The design of the Panama 2.5 centesimos 1916 KM#7.2 XF is a testament to the harmonious fusion 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 Extra Fine (XF) condition, the coin's design retains its sharpness and intricate details, offering a captivating glimpse into the artistry of its era.
Measuring 21.5 millimeters in diameter and weighing approximately 5 grams, the Panama 2.5 centesimos 1916 KM#7.2 XF falls within the category of small denomination coins. Its moderate size and weight make it a convenient and highly 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 XF met the highest numismatic criteria of its time.
The Panama 2.5 centesimos 1916 KM#7.2 XF transcends its status as a mere coin; it is a tangible embodiment of Panama's history, economic progress, and national identity. Its intricate design, modest dimensions, and connection to the esteemed Heaton Mint make it a coveted addition to any coin collection. Whether you are a seasoned numismatist or an aspiring collector, this coin's rich history and Extra Fine condition make it a cherished relic of the past—an enduring testament to Panama's journey towards economic stability and prosperity.