Panama Silver Coin Melt Values - Live Calculator
The table below lists each denomination and computes live melt value from the current silver spot price of $66.68 per troy ounce.
| Coin | Face Value | Years | Fineness | Gross Weight (g) | ASW (g) | ASW (oz t) | Qty | Melt Value |
|---|---|---|---|---|---|---|---|---|
| Decimo | 1 | 1930 - 1962 | .900 | 2.5 | 2.25 | .0723 | $0.00 | |
| Cuarto | 1 | 1930 - 1962 | .900 | 6.25 | 5.63 | .1808 | $0.00 | |
| Balboa | 1 | 1931 - 1974 | .900 | 26.73 | 24.06 | .7734 | $0.00 | |
| Balboa | 1/2 | 1930 - 1962 | .900 | 12.5 | 11.25 | .3617 | $0.00 | |
| Balboa | 1/2 | 1966 - 1971 | .400 | 12.5 | 5 | 0.1479 | $0.00 | |
| Balboa | 1/4 | 1930 - 1947 | .900 | 6.25 | 5.625 | 0.1808 | $0.00 | |
| Centisimos | 10 | 1904 | .900 | 5 | 4.50 | .1447 | $0.00 | |
| Centisimos | 2 1/2 | 1904 | .900 | 1.25 | 1.13 | .0362 | $0.00 | |
| Centisimos | 25 | 1904 | .900 | 12.5 | 11.25 | .3617 | $0.00 | |
| Centisimos | 5 | 1904 - 1916 | .900 | 2.5 | 2.25 | .0723 | $0.00 | |
| Balboa | 5 | 1970 | .925 | 35.7 | 33.02 | 1.0617 | $0.00 | |
| Centisimos | 50 | 1904 | .900 | 25 | 22.50 | .7234 | $0.00 | |
| Grand Total | $0.00 | |||||||
Country Silver Coin History
Panama has a rich history of minting silver coins, particularly during the 20th century. Below is a detailed list of silver coins minted during the 19th and 20th centuries, including their silver purity, denomination, and characteristics.
19th Century Silver Coins
50 Centésimos (1892-1897)
- Silver Purity: 90%
- Denomination: 50 Centésimos
- Obverse: Features the national coat of arms of Panama, with the legend "Republica de Panama" surrounding it.
- Reverse: Displays the denomination and year of minting encircled by a laurel wreath.
- Numismatic Value Estimate: $50-$500 depending on condition (Good to Uncirculated).
The 1 Balboa coin is known for its iconic design and its resemblance to U.S. silver dollars, making it popular among collectors.
20th Century Silver Coins
1 Balboa (1931, 1947, 1953)
- Silver Purity: 90%
- Denomination: 1 Balboa
- Obverse: Features Vasco Núñez de Balboa in armor, a famed Spanish explorer who is the namesake of the currency.
- Reverse: Depicts the Panamanian coat of arms, flanked by the words "Republica de Panama".
- Numismatic Value Estimate: $40-$200 depending on condition (Good to Uncirculated).
The 1 Balboa coin is known for its iconic design and its resemblance to U.S. silver dollars, making it popular among collectors.
50 Centésimos (1930-1960)
- Silver Purity: 72%
- Denomination: 50 Centésimos
- Design: Matches the 1 Balboa coin in its design, with Vasco Núñez de Balboa on the obverse and the national coat of arms on the reverse.
- Numismatic Value Estimate: $15-$100 depending on condition (Good to Uncirculated).
Coins minted in the 1940s are particularly sought after due to lower mintage amounts during World War II.
1/10 Balboa (1931, 1947, 1953)
- Silver Purity: 90%
- Denomination: 1/10 Balboa
- Design: Similar to the larger 1 Balboa coin, featuring Balboa on the obverse and the coat of arms on the reverse.
- Numismatic Value Estimate: $5-$50 depending on condition (Good to Uncirculated).
This smaller denomination was often used for daily transactions, making higher-grade coins harder to find.
Quarter Balboa (1931, 1947, 1953)
- Silver Purity: 90%
- Denomination: 1/4 Balboa
- Obverse: Features Vasco Núñez de Balboa.
- Reverse: Displays the Panamanian coat of arms.
- Numismatic Value Estimate: $20-$150 depending on condition (Good to Uncirculated).
Coins from the 1930s are especially valuable due to their scarcity.
Panama’s silver coinage reflects its cultural heritage and relationship with world history. Each series has its own unique elements that appeal to both collectors and historians, and their designs often pay
