World Currency
Panama Banco Central de Emision 20 Balboas 1941 Pick 25s Specimen PMG Gem Uncirculated 66 EPQ. This enormously rare Specimen is of the highest denomination banknote issued in Panama. Specifically, this example is the single finest graded in the PMG Population Report, and the only one with Gem designation at the time of cataloging. Panamanian President Arnulfo Arias authorized the production of banknotes, which were released on October 2nd, 1941. A week later, Arias was ousted from power, and the newly released notes were quickly withdrawn and destroyed, leaving surviving examples few and far between. This offering is a rare opportunity. Cancelled with 2 punch holes. https://currency.ha.com/itm/world-currency/panama-banco-central-de-emision-20-balboas-1941-pick-25s-specimen-pmg-gem-uncirculated-66-epq/a/4021-28352.s?type=CoinArchivesCurrency4021 HID08706262019 © 2019 Heritage Auctions | All Rights Reserved
Estimate: 25000-35000 USD