Catalog
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| Issuer | Panama |
|---|---|
| Year | 1988 |
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| Currency | Balboa (1904-date) |
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| Obverse description | The national coat of arms of Panama is displayed prominently in the centre of the field, featuring the traditional quartered shield with its associated symbols. An arc of nine stars is arranged above the arms, and the circular legend naming the republic appears along the upper periphery. The date of issue is inscribed in the lower exergue beneath the coat of arms. |
|---|---|
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| Reverse description | An armoured and helmeted bust of Vasco Núñez de Balboa, the Spanish conquistador and explorer, faces left in profile. The effigy is depicted in period military attire with detailed armour and a closed visor helmet. The denomination legend in Spanish encircles the bust along the periphery, accompanied by a decorative wreath framing the design. |
| Reverse script | Latin |
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