1 Balboa

Features

Issuer	Panama
Bank emisyjny	Banco Central de Emision de la Republica de Panama
Period	Republic (1903-date)
Type	Standard circulation banknotes
Year	1941
Value	1 Balboa (1 PAB)
Currency	Balboa (1904-date)
Composition	Papier
Size	158 × 67 mm
Shape	Prostokątny
Demonetized	9 October 1941
Number	N# 202457
References	P# 22 Standard Catalog of World Paper Money (10 volumes).

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Obverse

(en) Portrait of Vasco Nuñez de Balboa.

Vasco Nuñez de Balboa (c. 1475 – around January 12–21, 1519) was a Spanish explorer, governor, and conquistador. He is best known for having crossed the Isthmus of Panama to the Pacific Ocean in 1513, becoming the first European to lead an expedition to have seen or reached the Pacific from the New World.

Script: łaciński

Lettering:
UN UN
MONEDA FIDUCIARIA DE CURSO LEGAL
CONSTE POR ESTE BILETTE QUE HAY DEPOSITADO EN
EL BANCO CENTRAL DE EMISIÓN DE LA
REPÚBLICA DE PANAMÁ
UN BALBOA
PAGADERO AL PORTADOR A SOLICITUD

Reverse

W centrum widzimy herb Panamy. Automatically translated

Script: łaciński

Lettering:
REPUBLICA DE PANAMA
UN BALBOA

Printer

Nowy Jork, United States

Comments

Wyemitowany przez Centralny BankEmisji Republiki Panamy (El Banco Central de Emisión de la República de Panamá) na mocy artykułu 156 Konstytucji Panamy, uchwalonej przez prezydenta Arnulfo Ariasa 30 września 1941 roku.

Bank został upoważniony do emisji papierowych banknotów o wartości do 6.000.000 balboas, ale tylko 2.700.000 balboas zostało wyemitowanych 2 października 1941 roku. Tydzień później Ricardo Adolfo de la Guardia Arango zastąpił Arnulfo Ariasa na stanowisku prezydenta w wyniku zamachu stanu wspieranego przez Stany Zjednoczone. Nowy rząd natychmiast zamknął bank, wycofał wyemitowane banknoty i spalił wszystkie pozostałe niewyemitowane banknoty. Bardzo niewiele z tak zwanych banknotów "Arias Seven-Day" uniknęło spalenia. Automatically translated

This is an automatic translation. The original text is:

Issued by the Central Bank of Issue of the Republic of Panama (El Banco Central de Emisión de la República de Panamá), through Article 156 of the Constitution of Panama, as enacted by President Arnulfo Arias on September 30, 1941.

The bank was authorized to issue up to 6,000,000 balboas worth of paper notes, but only 2,700,000 balboas were issued on October 2, 1941. One week later, Ricardo Adolfo de la Guardia Arango replaced Arnulfo Arias as president in a coup d'état supported by the United States. The new government immediately closed the bank, withdrew the issued notes and burned all of remaining unissued notes. Very few of the so-called "Arias Seven-Day" notes escaped incineration.

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Date	VF	UNC		Frequency
Undetermined
1941	$ 650	$ 650	(en) P# 22a.	91%
1941			(en) P# 22s; Specimen.	5%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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Numista Rarity index: 69 Search tips

This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Stacks Bowers August 2021 ANA Auction Lot 30366	16 Aug 2021	1941 – (en) P# 22a.	UNC (UNC 66 EPQ)	USD 14 400.00 (+ buyer's premium)
© Stacks Bowers
	Katz Auction 130 Lot 2475	24 Jun 2024	1941 – (en) P# 22a.	VF (VF30)	USD 3993.98 (EUR 3440.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Stacks Bowers January 2023 NYINC Auction Lot 30276	14 Jan 2023	1941 – (en) P# 22s; Specimen.	UNC (Choice Uncirculated 64 EPQ)	USD 7800.00 (+ buyer's premium)
© Stacks Bowers