PANAMA. Banco Central de Emision de la Republica de Panama. 20 Balboas, 1941. P-25s. Red Specimen Variety. PMG Gem Uncirculated 65 EPQ. A monster offering for any collector looking to acquire Gem Panamanian currency. This Gem 20 Balboas specimen is the first example we have offered publicly for the variety. The colors and quality are outstanding; vivid ink blazes through the third party holder, whilst the primary design is well executed in jet black ink. This example differs from the other 20 Balboa specimen we are offering. This note has the specimen text in red, where the serial numbers should be located. PMG Pop 2/2 Finer.
From the Ellicott Collection.