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1983 Proof Panama $500 Balboa Gold Owl Butterfly Coin - SEALED w/ OGP - 469 Mintage

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As low as $2,800.00 per oz above spot
Copper State Coin and Bullion buy price $3,375.77

1983 Panama $500 Gold Balboa – Owl Butterfly – Proof – SEALED w/ OGP – Mintage 469

A scarce and captivating gold issue from Panama, this 1983 $500 Balboa Proof Coin features the striking and detailed image of the Owl Butterfly (Caligo sp.), one of the most visually distinctive butterflies in the Americas. Struck in .900 fine gold and containing half an ounce of pure gold (0.500 AGW), this coin is a tribute to Panama’s rich biodiversity and numismatic artistry.

Only 469 pieces were ever minted, and this example remains sealed in its original government packaging (OGP)—a rare preservation state that adds both authenticity and collector appeal.

Highlights:

  • 1983 Panama $500 Balboa – Proof Issue

  • Struck in .900 fine gold, with 0.500 oz actual gold weight (AGW)

  • Features the beautifully detailed Owl Butterfly

  • Certified mintage of only 469 coins – very low for a gold proof

  • SEALED in original capsule and government packaging (OGP)

  • Obverse: National Coat of Arms of Panama

  • Reverse: Owl Butterfly perched on a branch, with fine proof detailing

  • Struck by the Franklin Mint for the Republic of Panama

A must-have for collectors of world gold proofs, wildlife-themed coins, or low-mintage Latin American issues, this 1983 Gold Owl Butterfly Balboa is both numismatically significant and visually stunning.

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