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50 Centésimos

Issuer Republic of Panama
Year 1904-1905
Type Standard circulation coin
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Obverse lettering REPUBLICA DE PANAMA
DIOS LEY LIBERTAD
BALBOA 1904
Reverse description The full Panamanian coat of arms occupies the central field, featuring a quartered shield displaying crossed swords and rifle, the Isthmus of Panama with ships on both oceans, a cornucopia, and a winged figure; the shield is supported by an eagle displayed above and flanked by nine stars. The legend CINCUENTA CENTESIMOS DE BALBOA arcs around the upper periphery, while the fineness and weight specifications G.25. LEY 0.900 appear along the lower margin. Six small five-pointed stars are arranged symmetrically in the upper field flanking the eagle. The design is executed in fine detail consistent with Philadelphia Mint craftsmanship of the period, enclosed within a beaded border.
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Mintage 1904 - - 1,800,000
1905 - Most were melted down - 1,000,000
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