There is a new coin in town that features Panama Viejo’s historic Convent of the Monks.
Banco Nacional put the 50-cent piece into circulation on Monday, and in celebration, Panama Viejo’s Board exhibited National Bank President Carlos Henriquez’s money collection.
The Panamanian government approved the coining of $3 million worth of the commemorative 50-cent pieces in November 2009.
If the math is correct, that is 1.5 million new coins.
The math is correct, and that’s a lot of coins.