DescriptionThrough most of the 20th century Panamanian coins were basically American coins, made with the same planchets at the Philadelphia mint. This is scarce in uncirculated.Panama is the southernmost country in Central America, which is the commonly used term for the North American countries south of Mexico. Panama was part of Colombia until Colombia refused to lease to the USA the land where the Panama Canal is today. The USA fomented and supported a rebellion that established the new Republic of Panama, which promptly leased the territory in question, and the canal was built.By “Modern World Coins” we mean here, generally, the round, flat, shiny metal objects that people have used for money and still do. “Modern,” though, varies by location. There was some other way they were doing their economies, and then they switched over to “modern coins,” then they went toward paper money, now we’re all going toward digital, a future in which kids look at a coin and say “What’s that?” We’ll say: “We used to use those to buy things.” Kids will ask “How?” The main catalog reference is the Standard Catalog of World Coins, to which the KM numbers refer.
