Stack's Bowers & Ponterio
January 2023 NYINC Auction 13-16 Jan 2023
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PANAMA. Banco Central de Emision de la Republica de Panama. 5 Balboas, 1941. P-23a. PMG About Uncirculated 50.
A type that is often missing from even the most advanced collections of paper money, and this 5 Balboas is sure to stir interest. The orange, purple and blue colors are quite appealing. Depicted at left is Chieftain Urraca, who fought effectively against Spanish Conquistadors in the region of present-day Panama. The reverse showcases intricate lathe work in a dark blue color. The 1941 Panama series was in circulation for roughly a week before it was recalled, leaving collectors with a limited supply of these always in demand notes today PMG comments "Previously Mounted".
From the Ellicott Collection.
Estimate: $10000 - $15000
A type that is often missing from even the most advanced collections of paper money, and this 5 Balboas is sure to stir interest. The orange, purple and blue colors are quite appealing. Depicted at left is Chieftain Urraca, who fought effectively against Spanish Conquistadors in the region of present-day Panama. The reverse showcases intricate lathe work in a dark blue color. The 1941 Panama series was in circulation for roughly a week before it was recalled, leaving collectors with a limited supply of these always in demand notes today PMG comments "Previously Mounted".
From the Ellicott Collection.
Estimate: $10000 - $15000