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50 Balboas Christmas

Issuer Panama
Year 1981
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Value 50 Balboas
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Obverse description The Panamanian coat of arms is displayed prominently in the center, featuring the national shield with nine stars arranged in an arc above it. The legend REPUBLICA DE PANAMA arcs along the upper periphery, with the national motto PRO MUNDI BENEFICIO appearing within or below the arms. The fineness designation 500/1000 ORO FINO, the Franklin Mint mintmark FM, and the denomination 50 BALBOAS are inscribed in the lower field or exergue.
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Edge Reeded
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Additional information

Panama's Christmas gold issues of the early 1980s were produced under contract by foreign mints — the country has never operated its own — and distributed partly through the banking sector as collectibles rather than circulating currency. The .500 fineness is unusually low for a gold commemorative of this period, a deliberate cost-containment decision that kept face-value pricing accessible to domestic buyers.

KM#73 is part of a short-lived annual series that ended abruptly after 1981.

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