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1/10 Balboa Piedfort

Issuer Panama
Year 1982
Type Coin pattern
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Obverse description The Panamanian national arms displayed centrally in the field, comprising a quartered shield with a cornucopia, a winged wheel, crossed swords and rifle, and a stylised isthmus with two sailing ships, all supported by a cornucopia on either side and surmounted by an eagle with outstretched wings. The Latin legend REPVBLICA DE PANAMA arcs along the upper periphery, while the date 1982 appears in the exergue below the shield, flanked by small decorative stars.
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Mintage 1982 - Proof - 15
Additional information

Panama's piedfort issues of 1982 were struck as collector pieces, but the choice of .400 fine gold is unusual — well below the .900 or .999 standards typical of collector gold. This alloy mirrors the silver-copper composition rationale of Panama's circulating coinage translated awkwardly into gold, producing a piece that sits in an odd metallurgical middle ground.

KM#P3 is sparsely documented even in major references, with mintage figures rarely confirmed in the secondary literature.

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