Silver One Balboa coin from Panama / Re-blog lottery

It was September 25, 1513, Vasco Núñez de Balboa stood atop a mountain range near the Chucunaque river in present day Panama. From the summit he was the first European to set eyes on the South Sea, what we now know as the Pacific Ocean. It had been an arduous journey with multiples battles against indigenous tribes leaving many of his men wounded, but he had accomplished his goal to find the South Sea and claiming his spot in the history books.

Balboa is not only remembered for that accomplishment, but also for conquering most of present day Panama. As a conquistador he was after land, gold and treasures in the name of the Spanish king. In this pursuit he was extremely effective and successful. This is what the history books say, because the victor always writes the history. However many of the indigenous people were wiped out, taken as slaves, or forced to accept Christianity at the point of a sword. Not to mention their gold and treasures were plundered. Two sides to every story...

However it wouldn't be long before karma caught up to Balboa when one of his rival conquistadors captured and executed him. The life of being a Spanish conquistador wasn't glamorous or even a very safe occupation. In the end Panama honored Balboa by naming their currency after him.

This is another coin I picked up when I travelled to Panama, it's a nice silver proof coin.

About the coin:
Denomination: One Balboa
Country: Panama
Composition: 92.5% silver
Weight: 26.73 grams
Diameter: 38.1 mm
Edge: Reeded
Mint: The Franklin Mint, Pennsylvania, US
Mintage: 14,000
Obverse: National coat of arms with lettering: REPUBLICA DE PANAMA
PRO MUNDI BENEFICIO LEY 0.925 FM1 BALBOA (Republic of Panama, for the benefit of the world, Law 0.925, mint mark FM, 1 Balboa
Reverse: Balboa with his name and date of minting

This is probably my favorite one I picked up in Panama, it has the nice proof finish and it's sterling silver. It does have some toning on the reverse likely from being in the high humidity of Panama for many years. I love collecting Central and South American coins, and it's one of very few I have from Panama. I rarely seem to find good prices on Panamanian coins over the last few years. This is a great coin for numismatics (coin collecting) but not for stacking because premiums on these are high.

Thank you everyone for your support and friendship here on Hive. I really appreciate it and enjoy my time here. If you have any suggestions, comments, or questions please feel free to leave them below. Thanks for stopping by!

References:
https://en.numista.com/catalogue/pieces23892.html
https://en.wikipedia.org/wiki/Vasco_N%C3%BA%C3%B1ez_de_Balboa


If you liked today's post you might also like:
Silver coin from Trinidad and Tobago

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Now for the winner of the re-blog lottery! Today we had 27 people re-blog my post, thank you so much! You guy are the best! The people who re-blogged were:

@bitandi
@blitzzzz
@booboohabibi
@claudialesly
@daddydog
@dfreitesp
@edeyglezsosa
@esbat
@flaxz.alive
@florakese
@ganjafarmer
@heinkhantmaung
@henruc
@hjrrodriguez
@irfanmustafa
@kungfukid
@kunschj
@ladymisa
@monsterbuster
@olaf.gui
@stekene
@tengolotodo
@trautenberk
@vaynard86
@virtualgrowth
@vrezion
@vrezyy

Voluntary daily reminder list for those who request to be on it: @ganjafarmer
If you want to be added to the list as well just feel free to ask!

Thank you everyone! I have been working to improve my engagement and all of you have really helped out! If you have any recommendations or suggestions please feel free to let me know. I'm always looking to improve my posts.

Good luck to everyone!

And the Wheel of Names results:

Congratulations @vrezyy !

I just sent over the funds for your 3 HSBI units!

Now for today's re-blog lottery! You just need to re-blog my post you will be placed on the Wheel of Names for a spin to possibly win 3 HSBI units! Just one prize for the lucky winner. An upvote is not required but is always greatly appreciated to help me fund higher prizes in the future. Bots aren't allowed to enter please. Contest ends at 14:00 (2 PM) California Pacific time tomorrow. If I somehow missed your re-blog please let me know and I'll add you to the next draw.

What are HSBI units? They are units that you can purchase to sponsor someone and you in turn receive a unit as well. This way we both benefit! They give you occasional upvotes on your posts for a lifetime, and the more you accumulate the more often you receive upvotes and the bigger they can be. You can read some more here:

https://hive.blog/hive-189312/@steembasicincome/hive-sbi

If you have more questions feel free to ask.

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You received an upvote of 19% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

Thank you ssg-community!

I really like the Balboa coins from Panama! I can remember picking up a 20 Balboa as a teenager beautiful coin!😀
I haven't ever seen the one Balbo before, very beautiful coin, I would love to have one as well, I'll have to check this out!😀

They are cool coins. Those 20 Balboas are huge coins, and very cool. They apparently made a platinum one at one point, I saw one but it was way too expensive for my blood.
!lol

I slept like a baby last night.
I woke every two hours and cried.

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Wow… A 20 Balboa in platinum that would be an amazing coin, and a very expensive coin to own!😊
I guess I was attracted to the 20 Balboa  silver coin because of its monstrous size, very cool coin !🤗

It's actually 150 Balboas, it's not all that heavy, just platinum!

That's a bit more doable..... I saw one just now on eBay and they're running about $500!😀

Nice coin, @thebighigg !!!
Count me in!!

Thanks!
!luv
!lol

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Why did the farmer dress his pig in an apron?
Pretty soon he would be bacon.

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In those days, they’d kill you for your hat!

Killer coin indeed 🤩👍

They sure would, it wouldn't want that as my occupation! Thanks!

I have a few Balboas not that commemorative though.

I don't have that many either, this is my nicest one. I have a couple half Balboas too and that's about it for my Panamanian collection.

Congratulations to the winner and I reblogged this! Awesome post and good luck to the next person.

Thanks, it might be you! Good old random luck!

That is a sexy looking coin. Do they have a whole series of explorers? Any Pizzaro? Vespuchi?

No just Balboa since that is the name of their currency. I'm sure I've seen a line of explorer coins before but I don't recall who made them.

Ah, okay. That makes sense!

count me in this time my friend.
!LUV !PIZZA !VSC

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Will do! How have you been doing?
!luv
!pizza
!lol

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He wanted to see if time flys while having fun.

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Rocky's favorite coin 🤣 that's some beautiful Sterling

Definitely! The Franklin Mint produced some nice stuff back in the day!

that's a very nice coin!

can you nominate me for membership in the silvergoldstackers community? I have already joined the discord channel

Very nice, I have an old Balboa coin but I'm not sure
what year it is because someone put a whole in it to
make a necklace out of it or something.

I hate it when people hole coins to make pendants out of them! I guess I'm more of a purist coin collector.... They are very cool coins though!

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Please count me in for the next wheel 🎡🎡🎡😭😭😭

Got you down and you're welcome!

What did I do 😭😭😭😭🥺🥺🥺🥺😱😱😱

Smile 😊😊😊😁

Count me in ^^ @subidu

To be in all you need to do is re-blog this post before the deadline!

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