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Estimated Value
Based on recent market data
$0.70
Name or Denominations
1 Centesimo (1 centésimo) 0.01 PAB = USD 0.010
Issuer
Panama
Ruler
Republic (1903-date)
Year of Minting
1953
Currency
Balboa (1904-date)
Shape
Round
Rarity
Common
Weight
3.11 g
Diameter
19.05 mm
Thickness
1.5 mm
Material
Bronze
Shape
Round
Edge Type
Plain
Technique
Milled
Front design
Denomination in center with wreath below and an arc of nine stars above. Above the stars is the name of the country and below the wreath is the date.
Back design
Profile of the chief Urracá facing left with his name above and legend below.
Year of Minting
1953
Ruling authority
Republic (1903-date)
Mint location
Mexican Mint (Casa de Moneda de México), Mexico, Mexico (1535-date)
Mint mark
NA
Orientation
Coin alignment ↑↓
Inscriptions
Obverse: REPUBLICA DE PANAMA ********* UN CENTESIMO 1953 Reverse: • URRACA • CINCUENTENARIO
Context
Urraca was an indian chief from the Province of Veraguas, who fought the Spaniards in Panamá between 1520 and 1531. The arc of 9 stars represent the 9 provinces of Panamá at that time (today 10). Since its separation from Colombia in 1903, Panama has used the United States Dollar. These coins have the same specifications as the United States 1 Cent and circulated alongside it.
Rarity
Common
Coin type
Circulating commemorative
In circulation
Yes
Demonetized
No
Marketplace listings
0
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