The value of a 1966 Republic of Panama coin can vary significantly depending on its denomination, condition, and any potential errors or varieties.
Here are some examples of 1966 Republic of Panama coins and their approximate values, based on recent online listings and numismatic resources:
- 1966 5 Centesimos (Copper-Nickel):
– Good circulated condition: around $6.25.
– Used condition: between $0.76 and $4.24.
– Proof condition: around $1.75.
- 1966 ¼ Balboa (Copper-Nickel):
– Used condition: between $6.30 and $55.
– Uncirculated condition: around $1.25.
– Mint error (reverse struck thru): around $95.
- 1966 ½ Balboa (Silver Clad):
– Incomplete Helmet Variety (Brilliant Uncirculated): around $14.95.
– Gem Proof: $15.00.
- 1966 1 Balboa (Silver):
– Used condition: between $103.73 and $348.50.
– Uncirculated condition: around $30 – $350.
– Mint Error Reverse Struck Thru (NGC PF 68 Ultra Cameo): around $249.95.
- Condition: Coins in better condition (e.g., uncirculated, proof) generally command higher prices.
- Denomination: Higher denominations, like the Balboa, tend to be more valuable, especially if they are made of silver.
- Errors and Varieties: Coins with errors or known varieties, such as the “Incomplete Helmet Variety” on the ½ Balboa, can be significantly more valuable to collectors.
- Precious Metal Content: The 1 Balboa and ½ Balboa coins from 1966 contain silver, which adds to their intrinsic value.
Disclaimer: Coin values are constantly fluctuating and depend on many factors. It is recommended to consult a professional coin dealer or numismatist for a precise appraisal of your specific coin.
Is a 1966 Panama coin silver?
From my experience, In 1966, Panama followed the U.S. in changing the composition of their silver coins, with copper-nickel-clad 1⁄10 and 1⁄4 balboa, and . 400 fineness 1⁄2 balboa. One-balboa coins, at . 900 fineness silver, were issued that year for the first time since 1947.
Can you use Panama coins in the US?
Both Panamanian coins and U.S. coins and dollars can be used in the country, though Panamanian coins generally cannot be used abroad.
What are Panama coins made of?
In 1904, Panama first made silver coins in values like 2½, 5, 10, 25, and 50 centésimos. The 2½ centésimos coin was very small, weighing only 1.25 grams. Because of its tiny size, people called it the “Panama pill” or the “Panama pearl.” Later, in 1907, coins made of copper-nickel were introduced.
How much silver is in a 20 balboa coin?
Item description from the seller. 1977 PANAMA 20 BALBOA COIN. SILVER CONTENT: 3.85 OZ.