1947 Panama Silver Balboa NGC MS62

1947 Panama Silver Balboa NGC MS62

This is a classic Panama Balboa, the standard silver dollar-sized coin of Panama named after the explorer Vasco Núñez de Balboa. Issued shortly after World War II, these coins were widely used in the Panama Canal Zone and throughout Central America.

Key Details:

•  Issuer: Republic of Panama

•  Date: 1947

•  Catalog References: KM#13 

•  Composition: .900 silver

•  Certification: NGC MS62

•  Obverse: Armored bust of Balboa left. Legend: BALBOA with date 1947.

•  Reverse: National coat of arms of Panama with flags and motto. Legend: REPUBLICA DE PANAMA and fineness/weight details.

The Balboa was introduced in 1904 to align with the U.S. dollar (1:1) and became a symbol of Panama’s sovereignty and ties to the Canal Zone.

Condition:

NGC MS62 — attractive uncirculated surfaces with good remaining luster and detail for the grade. Solid eye appeal in a mid-Mint State holder.

This certified piece is a nice representative of mid-20th century Latin American silver dollars and a great addition for collectors of Panama, Canal Zone, or world crowns.