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House of Emirates® in London is delighted to present this majestic Panama 1 Balboa 1947 silver coin, an exceptional mid-20th-century Latin American numismatic treasure struck in 90% silver (.900 fineness) at the renowned United States Mint in Philadelphia. With its substantial 26.73 g weight, 38.1 mm diameter and 2.5 mm thickness, this impressive Panama silver coin possesses the commanding size, precious-metal content and historical character sought by investors in world coins, silver coins and important Latin American numismatic pieces.
The coin carries the denomination UN BALBOA, named after the celebrated Spanish explorer Vasco Núñez de Balboa, whose name also became associated with Panama’s monetary system. Containing approximately 24.06 grams of pure silver, this 1947 Balboa combines intrinsic precious-metal value with an extraordinary connection to the history and national identity of Panama. Its large format and beautifully detailed engraving make it particularly attractive for anyone searching for Panama silver coins, 1947 Balboa, vintage world silver coins, Latin American silver currency, .900 silver coins, historic silver dollars and investment-grade numismatic assets.
The obverse presents a magnificent portrait of Vasco Núñez de Balboa, shown in elaborate conquistador-style armour and helmet, surrounded by the bold inscription “V-N-BALBOA.” The finely rendered helmet, facial features, armour and laurel branches demonstrate the artistic ambition of the issue and give the coin an unmistakably monumental appearance.
On the reverse, the allegorical figure of Panama stands prominently beside the national coat of arms, holding a symbolic bundle and cornucopia-like imagery, while the inscriptions “REPUBLICA DE PANAMA,” “LEY 0.900,” “GR. 26.73” and the date 1947 identify its country, silver purity, weight and year. The engraving is attributed to distinguished Panamanian artist Roberto Lewis, while production took place at the United States Mint in Philadelphia, linking Panamanian national symbolism with the technical traditions of one of the world’s most historically important mints. Every element—from the heraldic shield to the classical female personification of Panama—creates a powerful visual statement of sovereignty, prosperity and national heritage.
For investors seeking historic silver coins with tangible precious-metal content, the Panama 1 Balboa 1947 offers a compelling combination of silver, artistry, history and international monetary heritage. Its .900 silver composition, substantial 26.73 g weight and impressive 38.1 mm diameter give it the physical presence expected from a classic large silver coin, while its connection to Panama and the United States Mint adds significant historical context. This is an especially interesting choice for portfolios featuring rare world coins, silver coins for investment, Latin American coins, Panama numismatics, vintage silver currency, historic investment coins, pre-modern and modern numismatic treasures, and precious-metal collectibles for investors.
The 1947 date places the coin within the formative post-war era, when national identity, monetary systems and international economic relationships were undergoing profound transformation. House of Emirates® presents this historic Balboa as a tangible piece of Panama’s monetary heritage—an elegant silver asset where history and precious metal converge.
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