A Stack's Bowers blog article by currency specialist Aris Maragoudakis prompts a question for E-Sylum readers. -Editor
The Stack’s Bowers Galleries Official Currency Auction of the Whitman Coin & Collectibles Expo this November will feature a beautiful
1941 Panama 1 Balboa note graded 55 About Uncirculated by PMG. The PMG Census records just 72 known with only seven finer. Exhibiting just
two folds, the note carries an estimate of $2,000 to $3,000.
The motif on the front is of Vasco Nunez de Balboa, Spanish born explorer and conquistador who was among those who established Darien,
Panama. He served as interim governor and also was the first European to see the Pacific Ocean in 1513.
The denomination itself is named after Balboa. To our knowledge, this is the only form of currency named after a specific person. The
value of 1 Balboa breaks down into 100 Centesimos and has carried a foreign exchange rate equivalent to the U.S dollar since it replaced
the peso in 1904.
The Stack’s Bowers Galleries Official Auction of the Whitman Coin & Collectibles Expo will take place November 5-8, 2015, in Baltimore,
In recent issues, we discussed 'Bilimbiques", a slang term for promissory notes used during the Mexican Revolution of 1910-1917,
referring to an American cashier named William Weeks. But that's an unofficial term, not a denomination. Plenty of coins and notes
have been given nicknames of people. But is it true that the Balboa is the only official denomination named after a real person? Surely
there must be other examples. Can anyone help? -Editor
To read the complete article, see:
Explorer, Conquistador, and the Currency (www.stacksbowers.com/NewsMedia/Blogs/TabId/780/ArtMID/
To read the earlier E-Sylum article, see:
MORE ON WILLIAM WEEKS (www.coinbooks.org/esylum_v18n35a12.html)
Wayne Homren, Editor
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