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1 Balboa Panamanian Red Cross
| Issuer | Panama |
|---|---|
| Year | 2017 |
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| Composition | Log in to see details |
| Weight | 7.2 g |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The coloured emblem of the Red Cross — a bold red Greek cross centred on a white circular field — fills the inner disc of the bimetallic centre, applied by pad-printing technique to produce vivid red and white colouring. The outer nickel-plated steel ring carries the commemorative legend CENTENARIO DE LA CRUZ ROJA PANAMEÑA arranged along the upper arc, with the date 2017 inscribed at the bottom of the ring. |
| Reverse script | Latin |
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| Additional information |
Panama has maintained a unique monetary arrangement since 1904, when the Hay-Bunau-Varilla Treaty effectively pegged the balboa to the U.S. dollar at par, with American currency circulating freely alongside Panamanian coinage. This piece was issued in support of the Red Cross — an organization with particular operational significance in Panama given the country's role as a transit hub during disasters affecting the wider Central American region.