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. 10 Balboas, 1941. P-24a. PMG Gem Uncirculated 65 EPQ.
This is the sole finest graded 10 Balboas by PMG out of 12 issued examples that they have certified. An exciting aspect of the note is the Miami Area Code serial number of 000305, as Miami is among the places with the highest concentration of Panamanian Americans. The center vignette "Panama Viejo" shows the Old Panama Cathedral in Panama City which lies in the remaining part of Panama la Vieja which was ultimately destroyed in 1671 by Henry Morgan. Excellent centering and stunning paper quality as indicated by the gem designation. As is the case with the other denominations of this set we are offering, we are well aware that many of our esteemed bidders need this note to complete their set and since there is only one "finest known" example, we have estimated the note conservatively but expect spirited bidding and look forward to the excitement.
From the Panama Collection.
Estimate: $35000 - $45000
This is the sole finest graded 10 Balboas by PMG out of 12 issued examples that they have certified. An exciting aspect of the note is the Miami Area Code serial number of 000305, as Miami is among the places with the highest concentration of Panamanian Americans. The center vignette "Panama Viejo" shows the Old Panama Cathedral in Panama City which lies in the remaining part of Panama la Vieja which was ultimately destroyed in 1671 by Henry Morgan. Excellent centering and stunning paper quality as indicated by the gem designation. As is the case with the other denominations of this set we are offering, we are well aware that many of our esteemed bidders need this note to complete their set and since there is only one "finest known" example, we have estimated the note conservatively but expect spirited bidding and look forward to the excitement.
From the Panama Collection.
Estimate: $35000 - $45000