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1947 Panama "1-balboa;" fake
http://numismatik-cafe.at/viewtopic.php?f=3&t=5573
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Autor:  villa66 [ 7. Aug 2014, 06:32 ]
Betreff des Beitrags:  1947 Panama "1-balboa;" fake

Bought as a fake from a junk-box for US$0.17, an object that purports to be a 1947 1-balboa from Panama:

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Autor:  villa66 [ 7. Aug 2014, 06:34 ]
Betreff des Beitrags:  Re: 1947 Panama "1-balboa;" fake

Non-magnetic and of the correct 38.1mm diameter, with decent color, this piece—nevertheless—has production defects that mark it as a counterfeit. Note the odd appearance of the metal to the left of the portrait:

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Autor:  villa66 [ 7. Aug 2014, 06:35 ]
Betreff des Beitrags:  Re: 1947 Panama "1-balboa;" fake

And the holes in the item’s surface left of the head:

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Autor:  villa66 [ 7. Aug 2014, 06:37 ]
Betreff des Beitrags:  Re: 1947 Panama "1-balboa;" fake

And the extra metal at various places in and around the date:

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Autor:  villa66 [ 7. Aug 2014, 06:38 ]
Betreff des Beitrags:  Re: 1947 Panama "1-balboa;" fake

The reverse of this piece proclaims its correct weight of 26.73 grams, but on my scale it weighs only 20.80 grams. Too bad—experience told me it was a fake, but you know how coin collectors are….I hoped I had misdiagnosed the piece, and that it was a genuine 1947 Panama 1-balboa, of .900 silver, for 17 cents. But no.

(Sometimes it’s more fun to be wrong!)

:) v.

Autor:  kronerogøre [ 9. Aug 2014, 17:14 ]
Betreff des Beitrags:  Re: 1947 Panama "1-balboa;" fake

Interesting piece. Do you suspect a contemporay fake ment for circulation ? Let me contribute with a genuine speciemen .

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Autor:  villa66 [ 11. Aug 2014, 06:59 ]
Betreff des Beitrags:  Re: 1947 Panama "1-balboa;" fake

Nice '47, thanks. Shows what one should look like. For anyone who might not know already, the 1947 1-balboa was struck in Philadelphia, and are the same size and of the same alloy as the American silver dollars last coined for circulation in 1935. (This particular Panamanian type, in fact, was first coined at Philadelphia in 1931, during the 1929-33 pause in silver dollar production.)

Is the one I posted a contemporary counterfeit? I think so. It isn't magnetic like so many of the very modern concoctions, and it has better color (you know how so many of the modern mass-produced counterfeits have a faint tin color).

Then, in the junk-box I found it sitting next to a couple of Panama 1/10-balboas, one from '53 and one from '47, and a 1953 25-centavos from El Salvador. (To me they seemed like fellow-travelers from a trip to Central America sometime in the mid- to late-1950s.)

Perhaps the "1-balboa" came back as a voluntary souvenir, or perhaps a tourist got stuck with it. Or perhaps...but maybe that's too much guessing!

:) v.

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