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1 Balboa

Issuer Republic of Panama
Year 2011-2019
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Shape Round
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Obverse description The nickel brass plated steel centre features the national coat of arms of Panama in high relief, depicting a quartered shield with a cornucopia, a winged condor displayed above, two stars flanking the base, and the motto scroll 'PRO MUNDI BENEFICIO'. A row of nine stars arches above the shield within the centre disc. The surrounding nickel plated steel ring bears the legend 'REPUBLICA DE PANAMA' in the upper arc and 'UN BALBOA' in the lower arc, both in raised Latin lettering.
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Obverse lettering REPUBLICA DE PANAMA UN BALBOA
Reverse description The nickel brass plated steel centre displays a left-facing armoured bust of Vasco Núñez de Balboa, the Spanish conquistador and explorer, wearing an ornately decorated morion helmet with ruff collar, rendered in bold relief. The portrait is set against a plain field within the bimetallic centre disc. The surrounding nickel plated steel ring carries the legend 'VASCO NUÑEZ DE BALBOA' in the upper arc and the date of issue in the lower arc, both in raised Latin lettering.
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