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The Panama 2.5 centesimos 1977 KM#34.1 PF Lorenzo coin is a remarkable numismatic piece that offers a glimpse into the history, culture, and natural beauty of Panama. Minted in 1977, this coin holds a special place in the world of coin collectors and enthusiasts due to its unique design, historical context, and precious metal content.
The history of the Panama 2.5 centesimos coin is closely tied to Panama's use of the Balboa as its official currency. The Balboa, named after the Spanish explorer Vasco Núñez de Balboa, has been Panama's official currency since 1904. Interestingly, Panama also recognizes the U.S. dollar as legal tender, and both currencies circulate interchangeably in the country.
The design of the Panama 2.5 centesimos 1977 KM#34.1 PF Lorenzo coin reflects the rich cultural and natural elements of Panama. The obverse side of the coin features a depiction of a harpy eagle perched on a branch. The harpy eagle is one of the largest and most powerful eagles in the world and is native to the rainforests of Central and South America, including Panama. This image pays homage to Panama's diverse and unique wildlife.
On the reverse side of the coin, the denomination "2.5 CENTESIMOS" is prominently displayed at the center, along with the year of minting, "1977." The overall design is framed by an ornate border, adding to the coin's visual appeal.
In terms of its physical specifications, the Panama 2.5 centesimos 1977 KM#34.1 PF Lorenzo coin is relatively small in size, with a diameter of approximately 21 millimeters. Its compact dimensions make it easy to handle and collect, while also allowing for intricate design details.
The coin has a weight of approximately 2.5 grams, providing a lightweight and convenient form. Its modest weight makes it suitable for both collecting and everyday use as a circulating coin.
Regarding its composition, the Panama 2.5 centesimos coin is typically crafted from cupronickel, an alloy made from copper and nickel. Cupronickel is known for its durability and resistance to corrosion, ensuring that the coin can withstand the rigors of circulation while retaining its luster and appearance.
The coin was minted in Panama, specifically at the National Mint of Panama, the country's official minting facility responsible for producing its currency. The mintage of the 1977 Panama 2.5 centesimos coin can vary from year to year, depending on the country's economic needs and demand for small denomination coins.
A fascinating fact about Panama is its remarkable biodiversity and lush rainforests, which are home to a wide variety of plant and animal species. Panama's commitment to preserving its natural heritage is reflected in its coinage, which often features wildlife and flora indigenous to the region.
In conclusion, the Panama 2.5 centesimos 1977 KM#34.1 PF Lorenzo coin is a captivating numismatic piece that showcases Panama's natural beauty and cultural heritage. Its small size, lightweight composition, proof finish, and connection to Panama's diverse wildlife make it a cherished addition to any coin collection. Whether admired for its aesthetic appeal, representation of Panama's rich biodiversity, or historical significance, this coin serves as a testament to the nation's unique identity and contributions to the world of numismatics.