Is the 1953 Panama Un Balboa....

Discussion in 'World Coins' started by mumu, Jun 15, 2010.

  1. mumu

    mumu Junior Member

    A key date or a 1 year type? I think I see that technically it is a 1 year comm. type according to the seperate listings in Krause. So my question is really whether in collecting practice it is treated as a key date due to low mintage count? And if so why are the other years worth more(again according to Krause)?
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. fretboard

    fretboard Defender of Old Coinage!

    I think it's a 50yr commemorative or anniversary coin, but I don't remember which today, maybe it will come to me at a later time. I just checked mine cause I have around 15 balboas but no such luck!!
     
  4. dctjr80

    dctjr80 Senior Member

    KM# 21 BALBOA
    26.7300 g., 0.9000 Silver 0.7734 oz. ASW, 38.1 mm. Subject:
    50th Anniversary of the Republic Obv: Standing figure with hand
    on shield Rev: Armored bust left
    Date-Mintage--F---VF----XF---Unc--BU
    1953-50,000--BV/16.00/20.00/35.00/50.00

    It's a one year type and commemorative. I would say it has a close relative value to the other Un Balboa's, It's a little less than those before it and a little more than those after it. I personally wouldn't consider it a Key date. To me by definition a Key date is stating that a coin has a lower mintage that year than most of the years that exact coin type was minted.

    Since it was only minted that 1 year, by my personal definition it couldn't be Key in any way, do not get me wrong, I would still consider it Rare/Scarce because of the Low Mintage and would enjoy owning one.. Hope this helped!
     
  5. mumu

    mumu Junior Member

    Thanks guys. I just picked one of these up today. I love the design both O&R. Nicely toned in MS-65. Picture thread will come soon :)
     
  6. dctjr80

    dctjr80 Senior Member

    Very Cool!!!

    Outstanding, can not wait to see the pics! :thumb:
     
  7. mumu

    mumu Junior Member

    Yes I am excited. I am working on a box of 20 where the theme is 20th century crown size coins that I consider to be the most beautiful in the world. So far the Balboa is in, 2 coins from Uruguay, the US Peace dollar the Mexican 2 Peso Victoria from 1921. The Filipino/US Peso is next on the list from the pre 1907 series. There are a couple other coins I am eyeing as well, a french piece. Well see where the next 14 coins leads me. Goal is to keep all coins under 150$ with the highest grade affordable.
     
Draft saved Draft deleted

Share This Page