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1941 Banco Central de Emision de la Republica de Panama Currency & Banknote Values
Banknote Book® Price Guide
The Greysheet Catalog (GSID) of the Banco Central de Emision de la Republica de Panama series of Panama in the World Currency contains 4 distinct entries with CPG® values between $500.00 and $21,000.00.
In 1941, President Dr. Arnulfo Arias pushed the government to enact Article 156 to the constitution, authorizing official and private banks to issue paper money. As a result, on 30 September 1941, El Banco Central de Emision de la Republica de Panama (Spanish: Central Bank of Issue of the Republic of Panama, BCE) was established.
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