PANAMA. Banco Central de Emision de la Republica de Panama. 1 Balboa, 1941. P-22s. Red Specimen Variety. PMG Choice Uncirculated 64 EPQ. Eleven specimens have been graded by PMG for this catalog number. This will be the first specimen we have offered for the type in our lengthy history, and it will pair nicely with the issued set we are also offering this sale. This example has red specimen text where the serial numbers should be. PMG Pop 1/3 Finer. From the Ellicott Collection.
