Stack's Bowers & Ponterio
August 2021 ANA Auction 16-21 Aug 2021
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PANAMA. El Banco Central de Emision de la Republica de Panama. 5 Balboas, 1941. P-23a. PMG Gem Uncirculated 66 EPQ.
Low Serial Number 487. This incredible 5 Balboa is the sole finest graded on the PMG population report. Additionally, only 3 total examples have even received an EPQ designation for the type. These notes of which only 16 have been certified, are typically encountered with heavy circulation and a plethora of toning. We have handled more fully issued 5 Balboas than any other auction house, yet we have never encountered a gem by any grading service until now.
From the Panama Collection.
Estimate: $30000 - $40000
Low Serial Number 487. This incredible 5 Balboa is the sole finest graded on the PMG population report. Additionally, only 3 total examples have even received an EPQ designation for the type. These notes of which only 16 have been certified, are typically encountered with heavy circulation and a plethora of toning. We have handled more fully issued 5 Balboas than any other auction house, yet we have never encountered a gem by any grading service until now.
From the Panama Collection.
Estimate: $30000 - $40000