Moderators Moderator_02 Posted May 20, 2017 Moderators Share Posted May 20, 2017 Quote Panama releases colorful circulating quarter balboa for canal Coin celebrates Panama Canal construction By Jeff Starck , Coin World Published : 05/08/17 Panama continues to honor the legacy of the nation’s famous canal with coinage, this time on a 2016 quarter balboa with color.Coin World photography by Ray Wilder; historic photo courtesy of the Library of Congress. Panama has released a new circulating commemorative coin to celebrate the legacy of the Panama Canal. The coin is now available from an American dealer. Late in 2016 the nation began circulating a quarter-balboa coin struck by the Royal Canadian Mint and featuring color on the obverse. Inside a colorized circle a pair of workers dig on the canal. Massive steam shovels and their gear teeth also appear in the design. The inscription references the 1907 construction of the canal. http://www.coinworld.com/news/world-coins/2017/05/panama-releases-colorful-circulating-quarter-balboa.all.html Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted May 20, 2017 Author Moderators Share Posted May 20, 2017 Quote New Panama Canal Quarter 9-February-2017 New Panama Canal Quarter. The new 25 cent coin, which was issued to commemorate the Panama Canal centenary, has caused mixed reactions, from customers accusing shops of giving them counterfeit money to coin collectors getting excited with the innovative design incorporating color elements on the back. The Ministry of Economy has commissioned six different designs and two million coins of each model will be minted, for a grand total of 12 million, that will circulate as legal tender in the country. The first one has a small, green disk at the back that shows two men with a spade and a pick axe digging the Canal and was introduced in November 2016. The metallic composition and dimensions are identical to the 25 cents coin currently in circulation. The only element that differentiates one from the other is the high definition color engraving, which will not affect it as a legal tender coin. So far, three of the six designs have been approved and are being minted. The Royal Canadian Mint will produce the coins at a cost of 19 cents. The value of the alloy was given by the London Metal Exchange. Each copper and nickel coin – a copper, nickel, iron and manganese alloy – has sandwich-like metal composition and its total weight is 5 grams and 670 milligrams, with a diameter of 26 millimeters. On one side it will have designs related to the most important milestones of the Panama Canal and on the reverse side the National Emblem. The first Panamanian coins were introduced in 1904, after the separation of Panama from Colombia in November 1903. https://www.thevisitorpanama.com/2017/02/new-panama-canal-quarter/ Quote Link to comment Share on other sites More sharing options...
Hil Posted May 21, 2017 Share Posted May 21, 2017 I have had my hands on ONE. The color is surprising. Quote Link to comment Share on other sites More sharing options...
Marcelyn Posted May 22, 2017 Share Posted May 22, 2017 Hill, where did you acquire this coin? I'm interested in obtaining three for gifts for our friends. Thanks. Quote Link to comment Share on other sites More sharing options...
Hil Posted May 22, 2017 Share Posted May 22, 2017 Sorry, my memory fails me. But I got it in change somewhere. Probably David. I thought I had gotten a trinket or bad money. My girlfriend told me it was the new quarter. It happened a month ago. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.