Panama Gold Coins

Brief Panama History

Panama was discovered by Columbus in 1502 and explored by Vasco Nunez de Balboa in 1513. It became independent of Spanish rule in 1821and joined the Confederation of Greater Columbia. In 1903 with US encouragement it broke away and became a fully independent republic.
The Panamanian Balboa is exchangeable at par with the US dollar.

Panama Gold Coins

The nominal or face value of many of Panama's gold coins is high relative to its gold content. At the time of writing, for example, 100 Balboas (= $100 US) was worth about £60, and its gold content was worth about £55. Compare this with a British sovereign which has a face value of £1 and a gold content similar to the 100 Balboas. When buying and selling Panama gold coins therefore we need to take into account the face value as well as the gold content.

Technical Specifications

Denomination Diameter Weight Fineness Gold Content
500 Balboas
45 41.70 0.900 1.2067
100 Balboas
26 8.16 0.900 0.2361
75 Balboas
28 10.60 0.500 0.1704
50 Balboas
26 5.37 0.500 0.0861

Notes

Denomination = Face Value
Diameter = Approximate Diameter in millimetres.
Weight = Stated gross weight in grams.
Alloy = Fineness of gold.
AGW = Gold Content = Actual fine gold weight in troy ounces.

Prices & Availability

Please contact us prior to ordering for current prices and availability.
Date Denomination Description Grade Mintage
1975 100 Balboas Vasco Nunez de Balboa Proof, about FDC 75,000
1976 100 Balboas Vasco Nunez de Balboa Proof, about FDC 11,000
1976 500 Balboas Vasco Nunez de Balboa Descubridor del Pacifico Proof, about FDC 2,669
1977 100 Balboas Vasco Nunez de Balboa Proof, about FDC 5,092
1978 75 Balboas 75th Anniversary of Independence Proof 9,161
1978 100 Balboas Vasco Nunez de Balboa Proof, about FDC, First Day of Minting in Sealed Cachet
1978 100 Balboas 3 Flowers - 'Paz y Progreso' Proof, FDC 4,829
1979 100 Balboas Vasco Nunez de Balboa Proof, about FDC, First Day of Minting in Sealed Cachet
1979 100 Balboas Pre-Columbian Art - Golden Turtle Proof, FDC 6,086
1980 100 Balboas Panama Canal Centennial Proof, FDC 2,468
1982 50 Balboas Christmas Proof, FDC 1,361

Postage & Packing

UK Registered Post (Special Delivery) £9 per order
EU Insured Post £10 per order
USA Airmail $10 per order
USA Insured Shipping $20 per order

Panama Silver and Base Metal Coins

For silver and base metal coins of Panama, please look at our original Chard Coins website.
Reverse of Panama 100 Balboas of 1982

Obverse of 1982 Panama 50 Balboas

Countries Index

Reverse of Panama 100 Balboas of 1982

Reverse of 1982 Panama 50 Balboas

Reverse of 1978 Panama 75 Balboas

Reverse of 1978 Panama 75 Balboas

Reverse of Panama 100 Balboas of 1980

Reverse of 1980 Panama 100 Balboas

World Gold Coins


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