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Obverse Design
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The legend "SAN BLAS PANAMA" curves along the right edge of the token.
The center of the token has a three-quarters profile of a San Blas indian woman's head
wearing a typical head covering and a very large gold earring. The number "78"
(for 1978) appears at the bottom of the earring. The number "979" (for 1979)
appears on the earring above the 78, the number "80" (for 1980) appears above that,
and the full date "1986" appears above the other numbers.
The woman's face is shown with many lines all over her face giving her an aged appearance.
As well, her head covering has many details.
The token has a narrow, plain low raised edge.
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Reverse Design
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The legend "SIABIBI" starts at the
bottom and curves along the right side of the token. SIABIBI means
"little cousin" or "little niece" and was the name of John Mann's company.
The center
of the token shows a palm tree on an island. Under the palm tree
are five coconuts (which is the value of the coin).
On the upper-left side of the trunk of the palm tree is a small
"V-shaped" design indicating an air-orchid
called "Lady of the Night" in English, but "patience" in the Kuna
language. This orchid is used as the main ingredient in a tea
drunk by Indian women to give them patience.
In the sky is an albatross flying, which in the Kuna language means
tomorrow. So the symbolism means "Have patience, you will be paid
tomorrow and will receive your five coconuts." To the left
of the palm tree are the initials of the designer, CQP for Charles Q. Peters.
Like the obverse, the entire design is done in a simplistic
silhouette style.
The token has a smooth plain somewhat wide raised edge.
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Orientation
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Medallic orientation.
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Metal
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White metal; nickel-silver per one source, copper-nickel per other sources.
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Weight
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7.2 grams.
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Size and Shape
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Round, 26 mm in diameter.
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Dates Issued
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1986.
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Issurer
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John A. Mann, owner of the SIABIBI company.
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Mintage
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Unknown, less than 1000 per one report.
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Rarity
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Common.
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Manufacturer
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Wendell-Northwestern, Inc. of Minneapolis, Minnesota, USA.
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Other Catalog Numbers
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Asociación Numismático's F-270,
Henkle's Colon #59, Rulau's SB 9.
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Varieties
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This token comes in four nearly identical designs. The 1978, 1979 and 1980 issues were made
of brass and the 1986 issue was made of a white metal, nickel-silver per one report. Apparently
the same dies were used each year but with changes. With each issue the new date was added on
the earring above the
old date. The date 1978 appears as "78", 1979 as "979" (very unusual), 1980 as "80"
and 1986 as the full year "1986". The indian woman's face is shown with more lines and
wrinkles each year. As well, the details increase on the head covering.
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Function
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This token was issued by John Mann, one of the few non-indians allowed by
the Kuna (San Blas) indians to run a business on their islands. According to
Coconut Money, an article which originally appeared in the October 1978 issue of
The Numismatist, John Mann issued these tokens as currency in order to replace
coconuts as a medium of exchange. However, the tokens had very limited circulation; the
Kuna indians hoarded them at first, and then discovered tourists would pay more than the
face value of five coconuts (25 cents) for them. So the indians sold them to tourists.
After the initial 1971 emission, later tokens were most likely issued solely with the purpose of
being sold to tourists. They were sold in BU in Panama by dealers like Dan Sander of
Numismatica Ltda for many years.
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Population Count
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Thirteen (13) specimens of this token in collector hands are known to me.
Recent sales include:
- Auction sale on ebay on February 9, 2007 for $12.39 plus $1.00 shipping.
- Auction sale on ebay on December 9, 2006 for $21.50 plus $7.00 shipping.
- Auction sale on ebay on March 7, 2004 for $4.25 plus $.80 shipping.
- Auction sale on ebay on February 15, 2004 for $45.00 plus $2.50 shipping.
- Auction sale on ebay on November 15, 2003 for $24.50 plus $4.25 shipping.
- Auction sale on ebay on May 10, 2003 with the 1978 variety for $4.00 plus $2.00 shipping.
- Auction sale on ebay on November 7, 2001 for $9.99 plus $1.00 shipping.
- Auction sale on ebay on June 7, 2001 for $10.00 plus $2.00 shipping.
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Notes
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The manufacturing company Wendell-Northwestern, Inc. may have closed down or changed names
around 1986. The company does not have a web page or appear in yellow pages on the internet.
Dated references to medals and tokens minted by Wendell-Northwestern end around 1986.
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