Panama: Republic Matte Proof Balboa 1931 PR65 NGC,...

Click the image to load the highest resolution version.

Sold on Apr 10, 2015 for:

$25,850.00 Bid Source: HA.com/Live bidder

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

One of 20 Minted!

Republic Matte Proof Balboa 1931 PR65 NGC, Philadelphia mint, KM13. Mintage: 20. A great rarity of Panama, and the finest of only two certified by NGC and PCGS, with the present coin possessing creamy matte surfaces, a perfect strike and no marks of any kind. Seldom offered, the only other record we have of this piece is from a 2009 Ponterio sale where a NGC PR63 (the second coin in the NGC census) was given a $15,000-$20,000 estimate, but ultimately failed to meet reserve. That estimate, perhaps optimistic at the time given the coin's grade, does however reflect the importance of the issue - as the highest denomination of this early period, and the only proof date of the type, its not a stretch to call this proof striking the most collectible item in the entire modern Panamanian series. A great opportunity for the collector of elite coins of Latin American, and given the extreme rarity of the issue, quite possibly very conservatively estimated in this quality and rarity-focused market.

Metal: Silver
Diameter: 38.10mm
Weight: 26.73g
ASW: 0.7734oz
Mintage: 20

View Certification Details from NGC