Description

1953 Panama Silver 1/2 Balboa NGC MS66 Republic Anniversary Coin Cinquentenario

This stunning 1953 Panama 1/2 Balboa silver coin was minted to commemorate the 50th anniversary (Cincuentenario) of the Republic of Panama. Struck in .900 fine silver, the coin weighs 12.5 grams and has been graded MS66 by NGC, signifying its exceptional strike and preservation with strong eye appeal and minimal contact marks.

The obverse features the armored bust of Vasco Núñez de Balboa, the Spanish explorer after whom the Panamanian currency is named. Surrounding him are the inscriptions "MEDIO BALBOA" and "CINCUENTENARIO," highlighting the occasion for which this coin was issued. The reverse showcases the Coat of Arms of Panama, with the silver purity ("LEY 0.900") and weight ("GR. 12.50") clearly indicated — a mark of both national and numismatic pride.

This issue holds significant historical value, being released during a time of Panamanian economic growth and national consolidation, just decades after its independence from Colombia in 1903. As a silver commemorative coin, it bridges the gap between circulating currency and national celebration.

Collector's Value:
Highly sought after for its low mintage, silver content, and commemorative importance, this coin in MS66 condition represents a fantastic addition to any world or Latin American coin collection. The historical depth and limited availability make it a standout among mid-20th century silver issues from the Americas.

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