Panamanian 100 Balboa Gold Coin

Panama's first gold coin, the 100 Balboa, was minted in the United States by the Franklin Mint in 1975. After 31 years of prohibited gold possession, this was the first gold bullion coin minted in the US that citizens were legally permitted to own.

This Balboa is a beautifully designed coin made of 90-percent pure gold, has a total weight of 8.16 grams, is 26 mm. around and is legal tender in the Republic of Panama.

So, that means that the pure gold content of this 100 Balboa coin is 90% of 8.16 grams, or 0.9 x 8.16 = 7.344 grams pure gold. There are 31.104 grams in a Troy ounce. This coin has 7.344/31.104ths of an ounce of gold in it, or 0.2361 ounces of gold.

When you acquire one of these bullion coins, you're getting just a little less than a quarter of an ounce of gold.

	Panama 100 Balboa GOLD PROOF COIN BOX COA 1975 Cameo: ~1 4 oz. GOLD! $399.99 (1 Bids) Time Left: 17h 53m
	BALBOA GOLD 100 PANAMA 1975 PROOF IN BLUE CASE VERY NICE! $449.65 (0 Bids) Time Left: 1d 13h 20m
	1975 Panama Gold NGC PR-67 100 Balboa $649.00 Time Left: 2d 11h 44m
	1975 Panama Gold NGC PR-69 100 Balboa $545.00 Time Left: 2d 12h 13m
	1975 Panama 100 Balboa Gold Proof $680.00 (0 Bids) Time Left: 2d 21h 22m
	1974 Balboa Gold $100 Balboas Panama Republic oro fino $399.01 (1 Bids) Time Left: 2d 21h 28m
	BU 1975 Panama Proof Gold Coin 100 Balboa sealed 90% pure gold $499.00 Time Left: 4d 13h 56m
	1975 PANAMA 100 BALBOA GOLD COIN - 500th ANNIVERSARY - 8.16 GRAMS 900 FINE GOLD $499.00 Time Left: 11d 8h 17m
	WHOLESALE 100 HUGE PANAMA 1 BALBOA COINS KM # 76 UNC $389.95 Time Left: 28d 13h 26m