Stack's Bowers & Ponterio
Collector's Choice June 2022 Auction 30 Jun 2022
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PANAMA. Banco Central de Emision. 10 Balboas, 1941. P-24a. PMG Very Fine 20.
Certainly a piece that is missing from the most advanced collections, as 10 Balboa notes from this series rarely trade hands publicly. This opportunity to own one of these elusive notes should not be passed up as it might be sometime before one of these tightly-held notes is available to collectors again. At the time of cataloging, PMG's pop report lists a scant 15 issued examples of this pick number to have been graded by their service, which is a testament to the scarcity of this 10 Balboas note. The reverse of the note is printed in dark brown ink, and displays intricate lathe work of the design which offers exceptional appeal. The front of the note displays light green and dark salmon colored inks along with a design of Panama Viejo at center flanked by two obligations. PMG comments "Minor Rust".
Estimate: $10000 - $15000
Certainly a piece that is missing from the most advanced collections, as 10 Balboa notes from this series rarely trade hands publicly. This opportunity to own one of these elusive notes should not be passed up as it might be sometime before one of these tightly-held notes is available to collectors again. At the time of cataloging, PMG's pop report lists a scant 15 issued examples of this pick number to have been graded by their service, which is a testament to the scarcity of this 10 Balboas note. The reverse of the note is printed in dark brown ink, and displays intricate lathe work of the design which offers exceptional appeal. The front of the note displays light green and dark salmon colored inks along with a design of Panama Viejo at center flanked by two obligations. PMG comments "Minor Rust".
Estimate: $10000 - $15000