1941 Panamanian Banco Central de Emision 20 Balboas "Arias Seven Day Issue," Pick-25a, PMG Very Fine 20

1941 Panamanian Banco Central de Emision 20 Balboas "Arias Seven Day Issue," Pick-25a, PMG Very Fine 20, despite its grade, this previously unknown, unadulterated note is strong and original example of the seldom seen and highly collectible note, and exhibits evidence of heavy circulation, with creases, folds, and some losses to the margins. Note: The 1941 20 balboas has been seen at auction approximately twice in the last decade, the last having been sold in a 2011 Stack's Bowers sale for $18,000, also grade PMG Very Fine 20. This desirable issue is featured on the back cover of the Standard Catalog of World Paper Money. Estimate $8,000-10,000 The absence of a condition statement does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of aging. Condition requests can be obtained via email (lot inquiry button) or by telephone to the appropriate gallery location (Boston/617.350.5400 or Marlborough/508.970.3000). Any condition statement given, as a courtesy to a client, is only an opinion and should not be treated as a statement of fact. Skinner Inc. shall have no responsibility for any error or omission.