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1/2 Balboa Pattern
| Issuer | Panama |
|---|---|
| Year | 1988 |
| Type | Coin pattern |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | Log in to see details |
| Reverse description | An armoured bust of Vasco Nunez de Balboa, facing left and wearing a conquistador helmet with visor, occupies the central field. The legend MEDIO BALBOA arcs along the upper periphery, denoting the coin's denomination. A decorative laurel or olive wreath is positioned below the bust, framing the lower field in a classical numismatic style consistent with the regular-issue half balboa series. |
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| Edge | Reeded |
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| Additional information |
Panama's 1988 pattern issues emerged during one of the most turbulent periods in the republic's monetary history. By that year, the Noriega government was under crushing U.S. sanctions that had effectively frozen Panamanian government accounts abroad and strangled the public treasury — regular coin production through the usual channels was severely disrupted.
KM#Pn11 was never approved for circulation. Whether this pattern was struck domestically or contracted abroad under those constrained conditions remains unclear in the literature.