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What is the value of 1971 republic of panama 20 balboas proof coin?
Wiki User
∙ 12y ago
If they're current coins from circulation, they're worth $20. The balboa is linked to the U.S. dollar one to one.
The value of the 20 Balboas coin lies mostly in the silver weight. The coin contains 3.8544 Troy ounces of silver, they are huge! Look up the spot price of silver and multiply that by 3.8544. Add about US$10-15 or the equivalent in your local currency. Of course, proof coins in really nice condition will command a higher price. This coin is 92.5 percent silver, so if you were to weigh it, the actual weight would be around 4.17 Troy ounces.
Wiki User
∙ 10y ago
Wiki User
∙ 11y agoThis coin is 2,000 grains sterling silver (.925). 4.167 oz.
At $30/troy oz for .999 silver...
Its silver value is:
2,000 grains x .0020833333 troy oz/grain x 0.925 x $30/troy oz = $115.62
These were made by the Franklin Mint, I don't believe there's a collector's value.
Wiki User
∙ 12y ago$4,000 with receipt and letter of authenticity.
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