Main centres: | 1-3 business days |
Regional areas: | 3-4 business days |
Remote areas: | 3-5 business days |
The arms of Panama with 9 stars above, representing the 9 provinces of the country (there are now ten) along with the name of the country above, silver content on both sides, date below
Script: Latin
Lettering:
REPUBLICA.DE.PANAMA
PRO MUNDI BENEFICIO
LEY GR.
0.900 2.50
1962
Translation:
Republic of Panama
For the Benefit of the World
0.900 Purity
2.5 Grams
Armored bust with the helmet of Vasco Núñez de Balboa facing left surrounded by value in letters and wreath, touching the lower rim
Script: Latin
Lettering: VN DECIMO DE BALBOA
Translation: One-Tenth of a Balboa
Reeded
Comments
Balboa was a Spaniard and the first European who crossed the Isthmus reached the Pacific by land and discovered the Perlas Archipelago in 1513.
Since its separation from Colombia in 1903, Panama has used the United States Dollar. These coins have the same specifications as the United States Dime and circulated alongside it.
Due to the rising price of silver, the United States phased out the use silver coinage and released copper-nickel clad copper coins in their place. Panama followed suit in 1966.