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1/10 De Balboa Pattern, Uniface Reverse, Piefort

Issuer Panama
Year 1982
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Value 1/10 Balboa (0.1 PAB)
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Obverse description The national coat of arms of Panama occupies the central field, rendered in detail with its characteristic quartered shield supported by flanking elements. A curved legend reading REPVBLICA DE PANAMA arcs across the upper periphery, while nine five-pointed stars are arranged in a row below the arms, referencing the nine provinces of Panama. An ornamental wreath frames the lower portion of the design, with the date 1982 inscribed within the exergual area. The entire composition is enclosed within a raised rim typical of milled coinage.
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Mintage 1982 - Proof - 15
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Piefort patterns of this type were struck by the Casa de Moneda de México on behalf of Panama, which has never operated its own mint. The uniface reverse — a blank, unworked planchet face — distinguishes this from the standard pattern issue and points to an early-stage die trial rather than a presentation piece intended for approval. The .400 fine gold composition is atypical for a country whose circulating coinage at this time was largely dependent on imported U.S. coin stock, and suggests the piefort was exploratory rather than tied to any genuine reform proposal.

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