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5 Centesimos Piefort
| Issuer | Republic of Panama |
|---|---|
| Year | 1982 |
| Type | Coin pattern |
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| Composition | Log in to see details |
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| Obverse description | The national coat of arms of Panama occupies the central field, depicting a quartered shield surmounted by an eagle with wings displayed, flanked by cornucopias. The shield quarters contain a sword and rifle, a shovel and pickaxe, and a sailing ship. The circular legend REPÚBLICA DE PANAMÁ arcs along the upper periphery, separated from the date by a row of nine small five-pointed stars. The date 1982 is inscribed at the base of the design, flanked by two raised dots, all within a beaded border. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
Piefort coinage from Panama's early 1980s issues occupies an odd corner of numismatic history — produced primarily for collectors and government presentation sets rather than any monetary function, at a moment when Panama's official currency remained the U.S. dollar for practical purposes, the balboa existing almost entirely as a symbolic assertion of national identity.
The .400 fine gold specification is unusual; most piefort issues of this period used standard circulation alloys struck at double thickness, making this a deliberate departure from convention rather than a simple proof-weight exercise.