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1 Centésimo

Issuer Panama
Year 1996-2019
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Currency Balboa (1904-date)
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Obverse script Latin
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Reverse description The reverse features a left-facing portrait bust of Urraca, the celebrated indigenous chieftain of the Province of Veraguas, who resisted Spanish conquest in Panamá between 1520 and 1531. The effigy is rendered in bold relief, conveying a strong and resolute profile. The name URRACÁ appears as a legend above or flanking the portrait, and the date of issue is inscribed below the bust. A raised rim frames the design.
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Additional information

Panama has no mint of its own and contracts all coin production abroad — these were struck at the U.S. Mint, a relationship that traces directly to the Hay–Bunau-Varilla Treaty of 1903, which pegged the Panamanian balboa to the U.S. dollar at parity and effectively made American minting infrastructure the default option for Panamanian coinage from the outset.

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