Liberty standing, holding fasces in one arm and an oak sprig in the other, resting the arm with the oak on the Panamanian shield. The country name is above, the purity and weight are to the right, and the date below
Obverse script
Latin
Obverse lettering
REPVBLICA DE PANAMA
LEY 0.900
GR 26.73
PRO MUNDI BENEFICIO
1947 (Translation: Republic of Panama 0.900 Purity 26.73 Grams For the Benefit of the World)
Reverse description
Armored bust of Vasco Nunez de Balboa facing left with wreath below and denomination above.
Reverse script
Latin
Reverse lettering
· VN -
BALBOA · (Translation: One Balboa)
Edge
Reeded
Mint
United States Mint of Philadelphia, United States (1792-date) United States Mint of San Francisco, United States (1854-date)
Mintage
1931 - Philadelphia Mint - 200 000 1931 - Philadelphia Mint; Proof - 20 1934 - San Francisco Mint - 225 000 1947 - Philadelphia Mint - 500 000