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1 Balboa

Issuer Republic of Panama
Year 1931-1947
Type Standard circulation coin
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Reverse description Armored bust of Vasco Núñez de Balboa facing left, rendered in high relief with detailed period armor, centered within the field. The denomination VN BALBOA arcs along the upper rim, flanked by raised dots, while a laurel wreath appears below the bust truncation. The overall design is spare and dignified, reflecting the neoclassical engraving style of the period.
Reverse script Latin
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Mintage 1931 - Philadelphia Mint - 200,000
1931 - Philadelphia Mint; Proof - 20
1934 - San Francisco Mint - 225,000
1947 - Philadelphia Mint - 500,000
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