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10 Balboas Panamanian Red Cross
| Issuer | Panama |
|---|---|
| Year | 2017 |
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| Composition | Log in to see details |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | REPÚBLICA DE PANAMÁ ********** PRO MUNDI BENEFICIO DIEZ BALBOAS (Translation: Republic of Panama For the Benefit of the World Ten Balboas) |
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| Reverse script | Latin |
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| Additional information |
Panama's Red Cross coinage series commemorates the national society's humanitarian work, though the 10 Balboas denomination exists almost entirely as a collector instrument — the balboa has circulated as a coin only in small denominations since the currency was pegged 1:1 to the US dollar in 1904, a arrangement that has never broken. Panama has never operated a central bank, meaning all collector silver issues of this type are produced under contract by foreign mints rather than any domestic facility.