Home World & Ancient Coins Forum

Is the 1953 Panama Un Balboa....

A key date or a 1 year type? I think I see that technically it is a 1 year comm. type according to the seperate listings in Krause. So my question is really whether in collecting practice it is treated as a key date due to low mintage count? And if so why are the other years worth more(again according to Krause)?


Comments

  • 7Jaguars7Jaguars Posts: 7,750 ✭✭✭✭✭
    Not my specific specialty but these come up all the time in mulitples and IMO will not ever be "keys". Still, they are lumps of silver with not unattractive designs so that is a good thing...
    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • mumumumu Posts: 1,840


    << <i>Not my specific specialty but these come up all the time in mulitples and IMO will not ever be "keys". Still, they are lumps of silver with not unattractive designs so that is a good thing... >>



    Is there any rarity above a certain grade? I see them in lumps but usually in ef-au as raw examples.
  • 7Jaguars7Jaguars Posts: 7,750 ✭✭✭✭✭
    Mumu, again to the best of my knowledge unless you have an MS67 plus or better there will be not much appreciation of this coin. Sorry to say.
    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • newsmannewsman Posts: 2,658 ✭✭✭
    There are lots of these out there relative to demand, even for its low mintage. But I'd suspect if you wanted one in MS65 or better it would be hard to find, because most are heavily bagmarked.


  • << <i>Mumu, again to the best of my knowledge unless you have an MS67 plus or better there will be not much appreciation of this coin. Sorry to say. >>



    WOW, MS67+ for a world issue from a country with little numismatic interest is pretty lofty. I was thinking more at 65 and above as mentioned might yield a decent premium. Well I have purchased 1 example and I paid a premium on it for its grade and toning. My original question was to try and see if adding a few more might make investment sense but I am suspecting probably not based on the replies. Thanks to all who did.
  • newsmannewsman Posts: 2,658 ✭✭✭
    I wouldn't invest in Panama coins for any reason. The collector base is really thin.
  • mumumumu Posts: 1,840


    << <i>I wouldn't invest in Panama coins for any reason. The collector base is really thin. >>



    Silly collectors. I cant afford popular coins so it works out well.

    image
  • 7Jaguars7Jaguars Posts: 7,750 ✭✭✭✭✭
    Mumu. nice pretty coin there...

    Later date Franklin mint proof and mint sets (and gold) from Panama seem to be doing fairly well but proly not home market driven (1981+).
    Love that Milled British (1830-1960)
    Well, just Love coins, period.
Sign In or Register to comment.