Panama One Balboa 1931 to 1985
![]() This page applies to one balboa coins that measure 38 mm in diameter, include annotation VN BALBOA, and have the conquistador on the front as shown in our primary picture. (Note: some one balboa coins have a different view of the conquistador than the view shown in our picture. These coins are made of copper-nickel and are not covered here.) This page also applies to coins with a standing female figure on the back, shown in our primary picture, or a draped shield with eagle and stars on the back, shown in our secondary picture. Be sure to check our appraisal page for 1/10, 1/4, and 1/2 balboa coins because they look very similar but have smaller diameters. The silver content of one balboa coins changes with the date on the coin: 1931 to 1974: 0.773 troy ounces of silver 1975 to 1982: coins with no silver and different conquistidor not covered here 1983 to 1985, 0.333 troy ounces ![]()
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