Just found a Panama coin in change

Discussion in 'Coin Chat' started by Rushmore, Aug 29, 2021.

  1. Rushmore

    Rushmore Coin Addict

    Just got it at Eddie's Sinclair station 20210829_104831.jpg
     
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  3. potty dollar 1878

    potty dollar 1878 Well-Known Member

    Not silver but still finding foreigns are fun.
     
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  4. The Eidolon

    The Eidolon Well-Known Member

    Cool find! I think that Panama has used a fully dollarized currency for many years. The Balboa is pegged to the dollar and they keep enough dollars on hand to back the peg. The subsidiary coins issued by Panama generally have the same size, weight and value as the comparable US coins. So I guess it makes sense that Panamanian coins would mix in easily with US ones.

    Here's a denomination we don't have in the US, though: 1¼ Centésimos 1940
    Panama 1 1:4 Centésimos 1940 copy.jpeg
     
  5. -jeffB

    -jeffB Greshams LEO Supporter

    Wow! I've seen the 2-1/2 cent "Panama Pill" coins, but I never knew they had a coin that was half of that value! Wonder how many arguments arose over getting a cent rather than a cent and a quarter in change...
     
    The Eidolon and Evan Saltis like this.
  6. Evan Saltis

    Evan Saltis OWNER - EBS Numis LLC

    Very cool. I've found a few Panamanian coins in circulation in my time. At least 3.
     
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