1/4 Balboa

Issuer	Panama
Year	1930-1962
Type	Standard circulation coin
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Obverse description	The coat of arms of the Republic of Panama occupies the central field, flanked by the national shield displaying a sword, rifle, cornucopia, and fasces within a quartered escutcheon, surmounted by an eagle with outstretched wings. Nine stars arranged in an arc above the arms represent the nine provinces extant at the time of issue. The legend REPUBLICA DE PANAMA curves along the upper periphery, while the motto PRO MUNDI BENEFICIO is inscribed on a banner below the shield. Silver fineness and weight notations (LEY GR 0.900 6.25) appear in the field, with the date of issue below.
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Obverse lettering	REPUBLICA DE PANAMA ********* PRO MUNDI BENEFICIO LEY GR 0.900 6.25 1962 (Translation: Republic of Panama For the Benefit of the World 0.900 Purity 6.25 Grams)
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Mintage	1930 - KM#11.1; Philadelphia Mint - 400,000 1930 - KM#11.1; Philadelphia Mint; Matte Proof - 20 1931 - KM#11.1; Philadelphia Mint - 48,000 1932 - KM#11.1; Philadelphia Mint - 126,000 1933 - KM#11.1; Philadelphia Mint - 120,000 1934 - KM#11.1; San Francisco Mint - 90,000 1947 - KM#11.1; Philadelphia Mint - 700,000 1962 - KM#11.2 (low relief, portrait touches rim); Royal British Mint - 4,000,000 1962 - KM#11.2 (low relief, portrait touches rim); Royal British Mint; Proof - 25
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