Auction Name: 2026 March 26 World Paper Money Signature® Auction

Lot Number: 24397

Shortcut to Lot: HA.com/4058*24397

Panama Banco Central de Emision 5 Balboas 1941 Pick 23s Specimen PMG Gem Uncirculated 66 EPQ.
The complete set of Specimen for the 1941 series of Balboas banknotes are offered in this auction. At the time of writing, Specimen are rarer than issued banknotes. For this 5 Balboas denomination, a mere 28 issued notes and 11 Specimen are graded in the PMG Population Report at the time of writing. Tastefully overprinted and cancelled by the Hamilton Bank Note Company, which printed this series. This infamous series of banknotes was issued for only seven days and few banknotes or Specimen remain to be collected today.
From The Albert Field Hamilton Bank Note Co Collection

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