Liberty standing, holding fasces in one arm and an oak sprig in the other, resting the arm with the oak on the Panamanian shield. The country name is above, the purity and weight are to the right, and the date below
Obverse lettering
REPVBLICA DE PANAMA
42`5.Gr.
ORO LEY
PRO MUNDI BENEFICIO
1947 (Translation: Republic of Panama 42.5 Grams Fine Gold For the Benefit of the World)
Obverse script
Latin
Reverse description
Armored bust of Vasco Nunez de Balboa facing left with wreath below and denomination above
