Catalog
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| Issuer | Panama |
|---|---|
| Year | 1929 |
| Type | Log in to see details |
| Value | 21/2 Centesimos (21/2 centésimos) (0.025 PAB) |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Plain field bearing the denomination expressed in full in five lines of bold capital letters arranged concentrically within a beaded border. The inscription reads DOS / Y / MEDIO / CENTÉSIMOS / DE / BALBOA, stating the value as two and a half centésimos of a Balboa. The design is entirely typographic with no additional imagery or ornamental devices, giving the reverse a stark and legible appearance characteristic of early Panamanian coinage. |
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| Additional information |
Panama's 2½ centésimos denomination is an oddity born of practical arithmetic: the country pegged its balboa 1:1 to the U.S. dollar and sized its coin system to interoperate with American coinage, making a 2½-unit piece the logical equivalent of a U.S. half-cent in local transactions. The denomination was never revisited after this series ended, making the 1929 issue one of the final strikes of a genuinely short-lived fractional concept.