Stack's Bowers & Ponterio
April 2021 Hong Kong Auction 5-8 Apr 2021
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PANAMA. Republica de Panama. 1 Balboa, 1941. P-22a. PMG Extremely Fine 40.
While this is the lowest denomination for the series, very few of the 150+ issued examples, less than 20% at the time of cataloging, have escaped the low-mid grade tier and have found themselves with an Extremely Fine grade or better. Strong orange-red lathework surrounds the vignette of Vasco Núñez de Balboa with no major defects or distractions to report. PMG Extremely Fine 40.
Estimate: $2000.00- $3000.00
While this is the lowest denomination for the series, very few of the 150+ issued examples, less than 20% at the time of cataloging, have escaped the low-mid grade tier and have found themselves with an Extremely Fine grade or better. Strong orange-red lathework surrounds the vignette of Vasco Núñez de Balboa with no major defects or distractions to report. PMG Extremely Fine 40.
Estimate: $2000.00- $3000.00