Home World Coins Other World Coins 1953 Panama Silver 1 Silver Balboa AU

1953 Panama Silver 1 Silver Balboa AU

1953 Panama Silver 1 Silver Balboa AU
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Why add the 1953 Panama Silver 1 Silver Balboa AU to your collection?

This popular 1953 Panama Silver 1 Balboa coin could be the next About Uncirculated addition to your collection. This exciting coin was struck by the world famous Mexican Mint for the Republic of Panama to celebrate their 50th Anniversary. The coin is struck in .900 fine silver on planchets that contain .7735 oz. actual silver weight. This issue has a low 50,000 mintage.

Historic Balboa Obverse

The obverse image used is an armored, left-facing bust of Vasco Nunez de Balboa. He was a famous Spanish explorer and conquistador who was the first European to lead an expedition with the intent to cross the Isthmus of Panama to the Pacific Ocean. In 1513 this expedition became the first Europeans to reach the Pacific from the New World. The reverse image features a full-length Liberty. She holds a fasces in one arm and an oak branch in her other. Her hand rests on the Panamanian shield.

Order your stunning 1953 Panama Silver 1 Silver Balboa in About Uncirculated condition from ModernCoinMart today.


Year of Issue:1953
Mint:Mexican Mint
Grading Service:Uncertified
Grade:AU/BU
Finish:Mint State
Composition:Silver
Purity:0.900
Weight in Grams:26.73 g
Weight in Ounces:0.8594 oz
Diameter:38.31 mm
Edge Type:Reeded
Country:Panama
Legal Tender:Panama
Currency:Balboa
Denomination:1
Mintage:50,000
Obverse Design:Armored Bust of Vasco de Nunez Balboa
Reverse Design:Liberty Holding Fasces and Oak Sprig
Obverse Designer/Engraver:Roberto Lewis