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</html><thumbnail_url>https://worldsilvermeltguide.com/coin-values/wp-content/uploads/2025/03/1_balboa_silver_coin.jpg</thumbnail_url><thumbnail_width>433</thumbnail_width><thumbnail_height>420</thumbnail_height><description>Panama&#x2019;s numismatic history is deeply tied to its strategic location and economic role as a trade and transit hub connecting North and South America. Following its independence from Colombia in 1903, Panama adopted the balboa (PAB) as its official currency, pegged to the US dollar at a 1:1 ratio. Panama&#x2019;s coinage has historically been minted [&hellip;]</description></oembed>
