Catalog
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| Issuer | Panama |
|---|---|
| Year | 2008 |
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| Value | 1/4 Balboa |
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| Obverse description | The national coat of arms of Panama occupies the central field, depicting a quartered shield flanked by two national flags and supported by a cornucopia and an eagle with wings displayed above, bearing a scroll with the motto PRO MUNDI BENEFICIO. Nine five-pointed stars arc above the shield. The legend REPUBLICA DE PANAMA curves along the upper periphery, while the date 2008 appears in the lower exergue. |
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| Obverse lettering | REPUBLICA DE PANAMA ********* PRO MUNDI BENEFICIO 2008 (Translation: Republic of Panama For the benefit of the World) |
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| Additional information |
Panama's regular-issue quarter balboa coinage has run almost continuously since 1930, with the country having no central bank and no paper currency of its own — the U.S. dollar circulates alongside Panamanian coins in a currency union that dates to the Hay-Bunau-Varilla Treaty of 1903. This colorized breast cancer awareness piece follows a wave of similar issues from small-nation mints in the mid-2000s targeting the collector market rather than general circulation.