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1 Balboa Handover of the Canal

Issuer Republic of Panama
Year 2004
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Diameter 38.1 mm
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Reverse description Central design depicts a large vessel transiting the Panama Canal lock system, viewed from the bow, with the Panamanian flag flying prominently from a tall flagpole in the foreground. Lock gates, machinery, and flanking landscape are rendered in fine relief, with the inscription REPUBLICA DE PANAMA visible on the hull of the ship. The legend REVERSION DEL CANAL DE PANAMA arcs along the upper periphery, while JUNTOS HACIA EL NUEVO MILENIO curves along the lower rim. The date AÑO 1999 appears to the right in the field, commemorating the formal handover of the Canal to Panamanian sovereignty.
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Edge Reeded
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Mintage 2004 - - 348,000
2004 - Proof - 2,000
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