Tuesday, June 17, 2014

2001 Panama 1/10 Balboa

Un Decimo means one dime and just like a U.S. dime this one is a clad coin. If I am correct this one was minted in Canada and was only one of three decimos since 1996.

1996, 2001, and 2008 were the only years minted recently. Panama has a long issue with stable governments and because of that their coins are affected. Most of their circulating coins are composition and size copy of American coins. This makes it seem that they are more stable by copying a more stable country.

With little use for small change because of inflation and the growing stability of the euro expect future Panamanian coins to look more European. The already issued 1 and 2 balboa coins that are bi-metallic.

Here's the stats...
Type/Country: 1/10 Balboa / Panama
Year: 2001
Mintage: 15,000,000
Metal: Copper-Nickel Clad Copper
Value: $0.10 in Very-Fine

Do you have a Panamanian coin and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

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