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1 Balboa Republic

Issuer Panama
Year 1953
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Currency Balboa (1904-date)
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Obverse description A full-length figure of Liberty stands facing, draped and helmeted, holding a fasces in her proper left arm and an oak branch in her extended right arm, with the branch resting upon the Panamanian national shield at her side. The legend REPUBLICA DE PANAMA arcs across the upper field, while the fineness LEY 0.900 and weight GR.26.73 appear along the right periphery. The national motto PRO MUNDI BENEFICIO is inscribed below the shield, and the date 1953 appears in the lower exergue.
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Obverse lettering REPUBLICA DE PANAMA LEY 0.900 GR.26.73 PRO MUNDI BENEFICIO 1953
(Translation: Republic of Panama 0.900 Purity 26.73 Grams For the Benefit of the World)
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Mintage 1953 - - 50,000
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