5 Balboas 1976 - Is It A Mule And Rare?

To participate in the forum you must log in or register.

Author	Replies: 5 / Views: 5,109
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: 5,109

To participate in the forum you must log in or register.

All Forums Category: World Coins and Currency Forums Forum: World Coins and Commemoratives

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.25 seconds to rattle this change.