⅒ Balboa

Obverse © www.vinosmaster.com – Reverse © www.vinosmaster.com (CC BY)

Features

Issuer	Panama
Period	Republic (1903-date)
Type	Standard circulation coins
Years	1966-1993
Value	⅒ Balboa 0.1 PAB = USD 0.10
Currency	Balboa (1904-date)
Composition	Copper-nickel clad copper (Cladding: 75% Copper, 25% Nickel; Core: 100% Copper)
Weight	2.27 g
Diameter	17.9 mm
Thickness	1.35 mm
Shape	Round
Technique	Milled
Orientation	Coin alignment ↑↓
Number	N# 1036
References	KM# 10 Standard Catalog of World Coins (86 volumes). , Schön# 10a Battenberg Gietl Verlag (publisher). Weltmünzkatalog. Battenberg Gietl Verlag, Regenstauf, Bavaria, Germany (4 volumes).

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Obverse

Coat of arms of Panama with 9 stars, legend above and wreath and date below.

Script: Latin

Lettering:
REPVBLICA DE PANAMA
*********
PRO MUNDI BENEFICIO
1980

Translation:
Republic of Panama
*********
For the benefit of the World
1980

Reverse

Armoured bust of Vasco Nunez de Balboa facing left with wreath below and denomination above. The bust touches the rim.

Script: Latin

Lettering: VN · DECIMO · DE · BALBOA

Translation: One-tenth of a Balboa

Edge

Reeded

Mints

	Royal Canadian Mint of Winnipeg, Canada (1976-date)
	Royal Mint (Tower Hill), London, United Kingdom (1810-1975)
	United States Mint of Denver, United States (1906-date)
	United States Mint of Philadelphia, United States (1792-date)
	United States Mint of San Francisco, United States (1854-date)

Comments

Balboa was a Spaniard, first European who crossed the Isthmus, reached the Pacific by land and discovered the Perlas Archipelago (1513). The 9 stars represent the 9 provinces of the country at that time (there are now 10).

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.

Variants: Type I thick flan with diamonds on both sides of the "DE" of value, was minted in London; Type II, thin flan, elongated diamonds, was minted in San Francisco. There is a third type with thick flan and lines around the "DE":

According to the Royal British Mint, there over 1.6 million 1967 dated coins were minted for circulation. The ultimate fate of these coins is currently unknown.

For the 1970 circulation coins, 1,380,000 were minted in 1970 and 6,120,000 were minted in 1971.
For the 1980 dated coins, 2,000,000 were minted in 1979 and 2,000,000 were minted in 1980.

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Date	Mintage	G	VG	F	VF	XF	AU	UNC		Frequency
Undetermined
1966	13 000							$ 1.20	Type I - Proof	1.1%
1966	6 955 000	$ 0.23	$ 0.23	$ 0.28	$ 0.58	$ 1.10	$ 1.30	$ 1.50	Type I (diamonds)	29%
1966								$ 10	Type II - Proof	0.5%
1966	1 000 000			$ 0.58	$ 0.87	$ 1.70	$ 2.20	$ 2.60	Type II (elongated diamonds)	6%
1966					$ 0.19	$ 0.38			Type III (hyphens)	2%
1967	12 701							$ 10	Proof; San Francisco Mint	1.3%
1967	1 655 000								Reported, not confirmed	0.10%
1968	5 000 000	$ 0.26	$ 0.26	$ 0.26	$ 0.58	$ 0.81	$ 1.50	$ 1.60	Denver Mint	22%
1968	43 193							$ 1.80	Proof; San Francisco Mint	1.6%
1969	14 000							$ 2.10	Proof; San Francisco Mint	1.1%
1970	9 528							$ 4.60	Proof	0.9%
1970 (1970-1971)	7 500 000	$ 0.15	$ 0.31	$ 0.31	$ 0.42	$ 0.65	$ 1.00	$ 2.40	San Francisco Mint	24%
1971 (1972)	10 696							$ 3.00	Proof; San Francisco Mint; Minted in 1972	1.0%
1972 (1973)	13 332							$ 1.50	Proof; San Francisco Mint; Minted in 1973	1.2%
1973	10 000 000	$ 0.24	$ 0.27	$ 0.30	$ 0.52	$ 0.55	$ 0.81	$ 1.70	San Francisco Mint	26%
1973 (1974)	16 946							$ 3.70	Proof; San Francisco Mint; Minted in 1974	1.2%
1974 (1975)	17 521							$ 8.20	Proof; San Francisco Mint; Minted in 1975	1.3%
1975	500 002				$ 0.52				Denver Mint	3%
1980 (1979-1980)	5 000 000		$ 0.34	$ 0.34	$ 0.55	$ 1.00			Philadelphia Mint	13%
1982	7 740 000		$ 0.10	$ 0.12	$ 0.51	$ 0.68	$ 0.68	$ 2.30	Philadelphia Mint	16%
1983	7 750 000	$ 0.52	$ 0.52	$ 0.52	$ 0.58	$ 0.72	$ 0.75	$ 1.60	Royal Canadian Mint	20%
1986	1 000 000				$ 0.93				Royal Canadian Mint	3%
1993	7 000 000				$ 0.50	$ 0.87	$ 0.89	$ 0.93	Royal Canadian Mint	12%
1993									Royal Canadian Mint; Proof, not authorized	0.6%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. Since some users own several versions, the sum may be greater than 100%.

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Heritage Auctions 2017 January 4 - 9 FUN US Coins Signature Auction - Fort Lauderdale 1251 Lot 6175	4 Jan 2017	1982 – Philadelphia Mint	UNC (NGC MS-65; Struck Over 1982 S USA Proof 10 Cents)	The lot includes several items.
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