Coat of arms with 9 stars above. Name of the country above, silver content on sides, wreath and date below.
Obverse script
Latin
Obverse lettering
REPVBLICA - DE - PANAMA
PRO MVNDI BENEFICIO
LEY GR.
0.900 26.73
1974 (Translation: Republic of Panama For the Benefit of the World 0.900 Purity 26.73 Grams)
Reverse description
Armoured bust of Vasco Nunez de Balboa facing left with wreath below and denomination above. The bust touches the rim below.
Reverse script
Latin
Reverse lettering
VN
BALBOA (Translation: One Balboa)
Edge
Reeded
Mint
Royal Mint (Tower Hill), London,United Kingdom (1810-1975) United States Mint of San Francisco, United States (1854-date)
Mintage
1966 - Royal British Mint - 240 000 1966 - San Francisco Mint; Minted in 1967; Proof - 12 701 1967 - San Francisco Mint; Minted in 1968; Proof - 19 983 1968 - San Francisco Mint; Proof - 23 210 1969 - San Francisco Mint; Proof - 14 000 1970 - San Francisco Mint; Proof - 13 304 1971 (1972) - San Francisco Mint; Minted in 1972; Proof - 17 559 1972 (1973) - San Francisco Mint; Minted in 1973; Proof - 23 413 1973 (1974) - San Francisco Mint; Minted in 1974; Proof - 30 161 1974 (1975) - San Francisco Mint; Minted in 1975; Proof - 29 566