Panama
Republic copper-nickel Pattern Balboa 1986 PR64 NGC, Stuttgart mint, KM-Pn5. Type 2 arms. A type we've encountered with deceiving frequency in the last few years, despite a reported mintage of 10 pieces, this example is adorned with the similar striated peach toning that we've seen from previous specimens.
Ex. Heritage Auction #3099 (May 2022, Lot 32320)
https://coins.ha.com/itm/panama/panama-republic-copper-nickel-pattern-balboa-1986-pr64-ngc-/a/3107-31739.s?type=DA-DMC-CoinArchives-WorldCoins-3107-05032023
HID02906262019
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