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1 Balboa San José Church

Issuer Ministry of Economy and Finance of Panama
Year 2019
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Currency Balboa (1904-date)
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Obverse description The bimetallic obverse features the national coat of arms of Panama rendered in detail within the gold-toned centre disc, depicting a quartered shield with a cornucopia, a winged eagle displayed above, crossed swords and rifle, and a central band bearing the motto scroll. Nine stars arc above the shield within the inner ring. The outer nickel-plated steel ring carries the legend REPÚBLICA DE PANAMÁ along the upper arc and UN BALBOA along the lower arc, both incuse in the field.
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Reverse description The reverse displays a frontal view of the historic Iglesia San José (Church of Saint Joseph) in Panama City, rendered in relief within the gold-toned bimetallic centre. The colonial-style church façade features a prominent bell tower surmounted by a cross at left, arched entrance portal, and symmetrical windows. The outer nickel-plated steel ring bears the legend IGLESIA SAN JOSÉ along the upper arc, with the World Youth Day pilgrim shell symbols flanking the inscription JMJ PANAMÁ and the date 2019 along the lower arc.
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Panama's bimetallic balboa series, launched to celebrate the country's architectural and cultural heritage, placed the San José Church in Panama City on this 2019 issue. The church is notable for its gilded baroque altar — one of the few that survived the 1671 destruction of the original Panama City by the pirate Henry Morgan, reportedly saved by a priest who painted it black to disguise its value before the raid.

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