5 Balboas 1976 - Is It A Mule And Rare?

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Author	Replies: 5 / Views: 5,153
Sheencrofter Valued Member Ireland 201 Posts	Posted 05/25/2012 09:28 am Hello, I have this 1976 5 Balboas Panama coin which I believe is silver. I have read some entires on the internet that these coins may be mules and if so, they are rare. Not being too sure what a mule is, I wonder if anyone could help. Many thanks, Sheen Report this Post to the Staff

mmorgan22 Pillar of the Community United States 570 Posts	Posted 05/25/2012 12:05 pm According to the Krause catalog this would be KM#40.2 with the erroneous LEY.925. It is made with copper-nickel clad copper and has a diameter of 38.8mm. It has a mintage of 5,000 and a value of $20 in UNC condition. It shows that none this year and version were made with silver. Others on here know how to use a specific gravity test to see if it is in fact made of silver. Unfortunately I am not one of them Edited by mmorgan22 05/25/2012 12:08 pm Report this Post to the Staff
gxseries Pillar of the Community Australia 3831 Posts	Posted 05/25/2012 12:16 pm It's not entirely rare and there are a couple for sale on ebay. http://www.ebay.com/itm/elf-Panama-...em5648ff9594 http://www.ebay.com/itm/Panama-1976...em231cdb7aed My partial coin collection http://www.omnicoin.com/collection/gxseries My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm Regularly updated at least once a month. Report this Post to the Staff
Sheencrofter Valued Member Ireland 201 Posts	Posted 05/25/2012 3:19 pm Thanks to both of you. From looking at the two ebay auctions, it seems one seller is offering the coin for $30 and the other for $65. From what I can make out, the "Ley 0.925" legend showing 925 silver has been left on by the mint even though the coin is not silver. From what the ebay seller at $65 is saying, it appears he feels this is the error and as such, is selling it at double the price of the other seller. So each to his own reasons for priceinng a coin. Sheen Report this Post to the Staff
nicwinner Valued Member Australia 262 Posts	Posted 05/25/2012 8:19 pm if it's silver then spot price if it's copper-nickel then couple of dollars Report this Post to the Staff
Sheencrofter Valued Member Ireland 201 Posts	Posted 05/26/2012 08:02 am So is there a good site to find spot price. Each one I find always seems very confusing. Report this Post to the Staff
	Replies: 5 / Views: 5,153

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