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In 1966, Panama followed the U.S. in changing the composition of their silver coins, with copper-nickel-clad 1 ⁄ 10 and 1 ⁄ 4 balboa, and .400 fineness 1 ⁄ 2 balboa. One-balboa coins, at .900 fineness silver, were issued that year for the first time since 1947.
Anyone else present with the price of $100 per coin was then allowed to strike their own piece, and at least three people, including Dewey's wife and the local postmaster, did so. [61] The Panama–Pacific Exposition Company hired Farran Zerbe to sell the new coins at the fair.
Silver Center J-1 Pattern United States Norweb Heritage Auctions: August 2014 $1,980,000 1874 Bickford $10 Pattern PR-65+ United States Simpson Heritage Auctions January 2022 $1,897,500 1927 $20 United States Morse Heritage Auctions: November 2005 $1,880,000 1804 Class III Silver Dollar United States Berg, Garrett Stack's Bowers: August 2014
The USGB calls the silver Britannia “one of the most recognized rare silver coins on the planet.” The UK Royal Mint created these coins in 1997 following the success of their gold Britannia coins.
The origins of this system are unclear, but it was the practice on the 19th-century Panama Railroad to pay Americans in US gold and local workers in silver coin. [29] Although some Canal Zone officials compared the gold roll to military officers and the silver roll to enlisted men, the characteristic that determined on which roll an employee ...
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