Panama - 2½ Centésimos 1916

Country: Panama
Issuing regime: Republic (1903-date)
Type: Standard Circulation coin
Year: 1916 (1907-1918)
Value: 2½ Centésimos (0.025 PAB)
Currency: Balboa (1904-date)
Metal: Copper-nickel (75% Copper, 25% Nickel) 
Weight: 4.9 g
Diameter: 21 mm
Thickness: 1.9 mm
Mintage: 800,000
Grade: XF40
Orientation: Medal alignment ↑↑
Demonetized: 31 August 1930
References: KM# 7.2

Obverse:
Coat of Arms with seven stars above. Name of the country around and date below.

Lettering:
REPÚBLICA DE PANAMÁ
*******
PRO MUNDI BENEFICIO
1916

Translation:
Republic of Panama
For the benefit of the World

Reverse:
Central denomination numeric, in letters around, seven stars below the value.

Lettering:
DOS Y MEDIO CENTÉSIMOS DE BALBOA
2½
****
***

Translation: Two and a Half Centésimos of a Balboa.

Edge:
Plain.

Mint:
United States Mint of Philadelphia, United States (1792-date).

Comments:
The seven stars represent the seven provinces of the country at that time (there are now ten).

Reference : KM# 7.2

Source : https://www.ngccoin.com/price-guide/worl...

Collection : South & Central America coins