deedogg420

10 months ago

COINS

Mexican 1 Peso Coin (1992)

Key Facts & Value

Key Fact

Historical significanceThe 1 Balboa coin commemorates Vasco Núñez de Balboa, the first European to see the Pacific Ocean from the New World. His expeditions in the early 16th century were crucial in establishing Spanish claims over the region.

Cultural importanceThe coin reflects Panama's rich cultural heritage and its connection to both indigenous and colonial histories, making it a collector's item that represents the nation's identity.

Design and craftsmanshipThe intricate designs by Carlos A. Acosta showcase the artistic capabilities of coin minting in Panama, combining historical themes with high-quality silver craftsmanship.

Value Fact

The value of the 1 Balboa coin can fluctuate based on market demand, the condition of the coin, and its historical significance. As a collector's item, its value may also be influenced by the rarity of specific minting years and variations, with certain pieces fetching premium prices among numismatists.

Collectors often seek coins that tell a story, and the 1 Balboa's connection to a pivotal figure in history adds an intriguing narrative that enhances its desirability.

Item Details

Official Details

CategoryCoins

Brand-

Character-

Length-

Width-

Weight11.34 g

PersonVasco Núñez de Balboa

Coins TypeCirculating

Denomination1 Balboa

CurrencyPanamanian Balboa

Obverse DescriptionPortrait of Balboa

Obverse CreatorCarlos A. Acosta

Reverse DescriptionPanama coat of arms

Reverse CreatorCarlos A. Acosta

Mint or Printing PressPhiladelphia Mint

Diameter30 mm

Thickness2.2 mm

Production TypeCoin

Edge TypeReeded

Mintage500000

Coins Topic/ThemeHistorical

Country / EmpirePanama

Start Year1970

End Year-

Coin Product Name1 Balboa

Mint MarkP

Obverse ObjectsBalboa portrait

Reverse ObjectsCoat of arms

ShapeRound

MaterialSilver

Design Variation-

Design Variation Details-

Year Displayed1970

Variation Details

Grading Company-

Grade-

Coins Error-

AlignmentMedal

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Certification Number-

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