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Scarce 1941 Panama P-24a 10 Balboas Featured in the January 2021 Paper Money Auction

Scarce 1941 Panama P-24a 10 Balboas

By Christopher Dahncke, Currency Auction Associate

Author: Christopher Dahncke / Thursday, October 22, 2020 / Categories: Paper Money of the Week

​Our January 2021 NYINC sale is filling up with a vast array of paper money from around the globe that is sure to excite collectors. One such item is a Panama P-24a 1941 10 Balboas note graded by PMG as Very Fine 25. PMG's population report lists just 10 examples of this pick variety that have been encapsulated by their service, a testament to the scarcity of the 10 Balboas variety. The reverse of the note is printed in dark brown ink and displays an intricately lathed design which is exceptionally appealing. The front of the note features light green and dark salmon colored inks along with a still attractive design of Panama Viejo at center flanked by two obligations. This note is sure to attract spirited bidding as examples from the 1941 series are quite scarce, especially denominations above One Balboa. PMG comments "Rust, Annotation."

The Stack’s Bowers Galleries January 2021 Sale (an officially sanctioned auction of the NYINC) will take place on January 15th-16th. To consign your World paper money to this exciting event, contact a consignment specialist at 800-458-4646 or visit StacksBowers.com​. For more information on viewing lots or for assistance in registering to bid, contact [email protected].