Panama – 1975 – 500 Balboas – Birth of Balboa – 41.7g Gold Proof – PCGS PR68 Deep Cameo

Panama – 1975 – 500 Balboas – Birth of Balboa – 41.7g Gold Proof – PCGS PR68 Deep Cameo

The Panama 500 Balboas coin, minted in 1975 by the Franklin Mint, is a commemorative issue celebrating the 500th anniversary of the founding of Panama. Birthday of Balboa. With a mintage of only 9824, this coin is a rare and sought-after collectible.

The coin is made of .900 fine gold, weighs 41.7 g and measures 46 mm in diameter. It has been graded very highly by the Professional Coin Grading Service (PCGS) at PR68 Deep Cameo, making it an exceptional example of its kind.

The obverse of the coin features the coat of arms of the Republic of Panama as well as the words “REPUBLICA DE PANAMA”, “PRO MUNDI BENEFICIO” and “FM” for Franklin Mint. The lettering also indicates the fineness and weight of the gold, as well as its value of 500 balboas.

The reverse of the coin features a depiction of Vasco Nunez de Balboa, the famous explorer of the Pacific Ocean, kneeling in armor and holding a sword in one hand and a flag in the other. The reverse also features the Latin script “VASCO NUÑEZ DE BALBOA DESCUBRIDOR DEL PACIFICO” and the year 1975.

Overall, the Panama 500 Balboas coin is a unique and impressive piece of numismatic history that celebrates the life and achievements of one of history’s most famous explorers. Its rarity, beauty and historical significance make it a valuable addition to any collection.

Details:

Country: Panama

Year: 1975

Mint: Franklin Mint

Edition: 7 (16 / 9824)

Value: 500 Balboas

Material: gold

Fineness: .900

Weight: 41.7 g

Diameter: 46mm

Feature: PCGS PR68 Deep Cameo