PANAMA, Republic, five centesimos 1916 (KM.2); ten centesimos 1904 (3) (KM.3); one tenth balboa 1953, 1961 (2) (KM.18, 24); twenty five centesimos 1904 (KM.4); quarter balboa 1947, 1961 (KM.11.1, 25); half balboa 1930 (KM.12.1). Very good - good very fine, the first scarce. (11)