Panama 1934 Balboa, Rare Superb Gem BU, Sharp Detail, Full Luster, High Grade, Many Melted and were well circulated. This date had a mere mintage of 250,000 coins and highly in demand by collectors. Many of this date were melted and now getting hard to locate in decent grade since many usually seen with heavy bagmarks and hard to find one in real nice condition as this. A rare coin in this grade and a nice addition to your collection. A keeper for your collection.