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Stack's Bowers & Ponterio
January 2023 NYINC Auction  13-16 Jan 2023
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Lot 30282

Starting price: 15 000 USD
Price realized: 16 000 USD
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PANAMA. Banco Central de Emision de la Republica de Panama. 10 Balboas, 1941. P-24a. PMG About Uncirculated 55.
Printed by HBNC. Certainly a piece that is missing from the most advanced collections, as 10 Balboa notes from this series rarely trade hands publicly, especially in this impressive About Uncirculated grade. Collectors looking to upgrade or dabble into the Panama paper realm will be pleased with this AU example. Panamá Viejo is depicted at center, surrounded by a green guilloche and yellow/brown underprint. At the time of cataloging, PMG's pop report lists a scant 16 issued examples of this pick number to have been graded by their service, with only two graded finer than the presently offered note. PMG Pop 2/2 Finer.

From the Ellicott Collection.

Estimate: $25000 - $35000
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