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Panama Banco Central de Emision 20 Balboas 1941 Pick 25s Specimen PMG Gem Uncirculated 66 EPQ.. ...
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Sold on Oct 16, 2025 for:
$26,400.00
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Description
Highest Denomination Famed Rarity of Panama
Panama Banco Central de Emision 20 Balboas 1941 Pick 25s
Specimen PMG Gem Uncirculated 66 EPQ.Panama's Central Bank issue of 1941 is arguably the most famous series of banknotes issued in the 20th century. Four denominations were printed by the Hamilton Bank Note Company of New York, all of which were only issued by banks for seven days, at which time the unissued stock was destroyed. Additionally, the process of withdrawing the notes actually issued into circulation was successful, as most were exchanged for USD and then destroyed as well. This Specimen represents the highest denomination of the short-lived series. At the time of writing, PMG has graded 14 issued examples and only nine Specimen. This example offered is tied with two others for the finest grade in the PMG Population Report. Punch hole cancelled and overprinted tastefully in black on the front in the top right quadrant. Famously rare and a handsome design missing from nearly all collections. Part of an extraordinary group offered in this auction.
From The Albert Field Hamilton Bank Note Co. Collection
View all of [The Albert Field Hamilton Bank Note Co. Collection ]
Auction Info
2025 October 16 World Paper Money Signature® Auction #4056 (go to Auction Home page)
Auction Dates
October, 2025
16th
Thursday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 398
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