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20 Balboas Panama Canal
| Issuer | Panama |
|---|---|
| Year | 2016 |
| Type | Non-circulating coin |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Edge | Reeded |
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| Additional information |
Panama's 20 Balboa series has used the silver proof format since the 1970s to commemorate the canal that defines the country's modern economic existence. The 2016 issue appeared during a particularly charged moment: the expanded canal — a third set of locks capable of handling post-Panamax vessels — opened in June of that year after a nine-year construction project and a cost overrun dispute between the Panamanian government and the Sacyr-led construction consortium that nearly halted work entirely.
The .9999 fineness is notably purer than the .925 sterling used in earlier issues of this series.