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Panama 1 Centesimo  1935 to 2008
Panama 1 Centesimo 1935 to 2008

Wow William, what a cool coin!

Worn, stained, and with a tainted eye appeal, your coin won't be worth much. I would keep it though!

Panama has been minting coins like this since 1935 all the way to 2008. Only the early coins are valuable, as not very many were minted. They made 200,000 each in 1935 and 1937. This gives these coins a decent collectible value today. Other dates after 1937 are worth very little.

The 'VRRACA' inscription refers to none other than Urracá, the Panamanian folk hero who fought the Spanish conquistadors in the first half of the 16th century. He looks like he means business!

These are the approximate values that the catalogs report for these coins.

1 CENTESIMO 1935 to 1937:
worn: $1 US dollar approximate catalog value
average circulated: $6
well preserved: $15
fully uncirculated: $35

The 1935 date is slightly less common and worth around 25% more than the values above.

1 CENTESIMO after 1937:
worn: less than $1 US dollar approximate catalog value
average circulated: less than $1
well preserved: less than $1
fully uncirculated: $3

Remember that these are inflated catalog values (read the Important Terminology page on the top left) and only apply to coins free of any problems like scratches, stains or spots.

The coin in our picture is being sold for $10.75 by Coin House Sesam Basel. This is a dealer selling coins for a profit. Their coin lies somewhere between 'average circulated' and 'well preserved' in state of preservation, but it has a spot around Urracá's eye, which lowers the eye appeal. If the spot weren't there, the value would improve by several dollars.

If you wanted to sell a coin like this to a dealer, he or she would likely pay you around $5. This is the margin of mark-up necessary to keep a business afloat.

Coin: 14431 , Genre: Colonizers and Colonies
Requested by: william, Thu, 02-May-2013 18:04:09 GMT
Answered by: Paul, Sat, 05-Apr-2014 13:23:41 GMT
Reviewed by CoinQuest. Appraisal ok., Wed, 23-Mar-2016 15:22:53 GMT
Requester description: 1937 vrraca 1937 other side repvblica-de-panama un centesimo the fron look like a men with cape and has long hair and it looks like a muslim cap over his head the back is some type of flowers or plant up under the word un centesimo no
Tags: panama 1 centesimo centesimi centesimos centisimos centisimo centisimi vrraca urraca repvblica republic un fron cape hair muslim islam cap hat head type flowers flower plant repub repbulique republik republ republican republicas republicia reipvblicae republiove republiek repvbliqve republica republique repvbblica republika rebublique republicans repvblique vna uno una vn hairdo hairline moslem islamic caliphate helmeted hood caps headband hooded helmet bonnet helmit helmets headdress types florets blossom fler fleurs lises petals leis lisse flowerettes flur stems trefoils floral lily petels orchid lis posy bouquet flour orcid bud lilly fleur lei petal bloomed trefoil floret floer stem flowery lilys fluer fleures pedals planting vegetation plants indian branch stalk leaves leaf twigs stalks spray sprig limb stick twig sprays sprigs branching branches branched sticks greenery leafs boughs liafy bush leave leaved bough leafe leafed leafy leavs foliage

  

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Tue, 28-Mar-2017 15:47:25 GMT, unknown: 15603122