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25 Centésimos
| Issuer | Panama |
|---|---|
| Year | 1904 |
| Type | Standard circulation coin |
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| Obverse description | Left-facing armored bust of the Spanish conquistador Vasco Núñez de Balboa, depicted wearing a period helmet and scale-pattern armor with a ruffled collar, rendered in high relief. The name BALBOA appears in the lower field beneath the effigy, with the date 1904 inscribed below in the exergue. The circular legend REPUBLICA DE PANAMA arcs around the upper periphery, flanked by a beaded border. A small scroll inscription reading DIOS LEY LIBERTAD is positioned across the field to the right of the bust. |
|---|---|
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| Obverse lettering | REPUBLICA DE PANAMA DIOS LEY LIBERTAD BALBOA 1904 (Translation: Republic of Panama God and Freedom) |
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| Reverse script | Latin |
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