Stack's Bowers & Ponterio
April 2021 Hong Kong Auction 5-8 Apr 2021
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PANAMA. Republica de Panama. 5 Balboas, 1941. P-23a. PMG Choice Uncirculated 63.
Only 3 issued examples have been certified as uncirculated by PMG in their lengthy history for this 5 Balboas denomination. An incredible design present, with bright blue inks and colorful yet subtle purple and orange hues radiating at the center vignette. Minor rust is mentioned on the reverse side of the holder, which is most noticed in the top margin, but as stated, it's minor and very negligible in the grand view of the note. This example closely rivals one of the other uncirculated examples we offered last year that fetched over $33,000. Our anticipation for spirited bidding on this lot, and the lots to follow is only bested by our anticipation of extreme collector driven excitement. PMG Choice Uncirculated 63.
Estimate: $17500.00- $25000.00
Only 3 issued examples have been certified as uncirculated by PMG in their lengthy history for this 5 Balboas denomination. An incredible design present, with bright blue inks and colorful yet subtle purple and orange hues radiating at the center vignette. Minor rust is mentioned on the reverse side of the holder, which is most noticed in the top margin, but as stated, it's minor and very negligible in the grand view of the note. This example closely rivals one of the other uncirculated examples we offered last year that fetched over $33,000. Our anticipation for spirited bidding on this lot, and the lots to follow is only bested by our anticipation of extreme collector driven excitement. PMG Choice Uncirculated 63.
Estimate: $17500.00- $25000.00