Panama One Balboa 1931 to 1985
Panama seems to specialize in big, bold coins made out of precious metal. The 'ley' annotation means 'by law' and inquirer Geneva's 1931 specimen is 90 percent pure silver and contains 0.7735 troy ounces of the precious metal.
This page applies to one balboa coins that measure 38 mm in diameter, include annotation VN BALBOA, and have the conquistador on the front as shown in our primary picture. (Note: some one balboa coins have a different view of the conquistador than the view shown in our picture. These coins are made of copper-nickel and are not covered here.) This page also applies to coins with a standing female figure on the back, shown in our primary picture, or a draped shield with eagle and stars on the back, shown in our secondary picture. Be sure to check our appraisal page for 1/10, 1/4, and 1/2 balboa coins because they look very similar but have smaller diameters. Click here to go to this appraisal page.
The silver content of one balboa coins changes with the date on the coin:
1931 to 1974: 0.773 troy ounces of silver
1975 to 1982: coins with no silver and different conquistidor covered on this page
1983 to 1985, 0.333 troy ounces
To find the value of your coin, first use kitco.com to look up the current value of silver, then multiply that value by the number of troy ounces in your coin (0.773 or 0.333). This is the base value. To the base value add the collector premium, or the amount over silver value collectors are willing to pay. Approximate collector premiums are:
worn condition before 1947: add $5
well preserved condition before 1947: add $25
fully uncirculated before 1947: add $100
well preserved for coins dated 1947 or 1953: add $25
fully uncirculated 1947 or 1953: add $40
worn after 1953: add $0
well preserved after 1953: add $5
fully uncirculated after 1953: add $10
, Genre: Colonizers and Colonies
Requested by: geneva ladd, Sun, 15-Nov-2009 02:49:42 GMT
Answered by: Paul, Thu, 08-May-2014 03:17:10 GMT
Updated by CoinQuest. Be sure to use the current value of silver., Sun, 24-Aug-2014 18:01:29 GMT
Requester description: 1931 -VN-BALBOA- LOOKS LIKE A CON QUISTADOR OR SPANISH SOLDIER FACING LEFT ON COIN APPEARS TO BE ABOUT THE SIZE AND COLOR OF US SILVER DOLLAR.
Tags: panama one balboa ones vn un con quistador conquistador spanish spain soldier silver dollar vna uno una conquestidor conqueror espana spainish hispanarvim hispan espanas hispanarvm hispaniarum hispanirvm spanich hispanarium hispana espania espa hisp espanola hispa spai hispaniarvm soldiered soldiers soldjer feinsilber sliver siver argent silber silverish silb dollare dolls doller dol dollars helmet hat woman shield ley helmeted hood caps headband hooded bonnet cap helmit helmets headdress femal women lady female feminine fem womans females womens ladys princess ladies arms sheild coats shiled crests chevrons shild escucheon insignia arm coat crested crest chevron creast shields escutcheon fasces