PANAMA. 50 Centesimos, 1904. Philadelphia Mint. PCGS AU-53.
KM-5. Light circulation has done little to hinder this example's natural appeal. Surfaces feature warm magenta gray color, while gleaming lustrous flashes manifest from the protected areas at certain angles. The reverse shows mottled deep russet tone, proving surfaces have not been altered at any point in the past century.
Estimate: $100 - $150