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150 Balboas Simon Bolivar

Issuer Panama
Year 1980
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Value 150 Balboas
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Obverse lettering REPUBLICA DE PANAMA ********* PRO MUNDI BENEFICIO FM 500/1000 FINE GOLD 150 BALBOAS
(Translation: Republic of Panama For the Benefit of the World 500/1000 Fine Gold)
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Reverse script Latin
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Additional information

Panama's 1980 gold issues were produced during a politically turbulent stretch following the 1977 Torrijos-Carter Treaties, which formally set the timeline for Canal Zone transfer. The Bolívar commemorative fits within a broader regional series Panama issued through this period celebrating Simón Bolívar, whose 1826 Congress of Panama — held in the city itself — attempted to unify the newly independent Spanish American republics into a single confederation. It failed within months.

The .500 fineness is notably low for a gold commemorative, a deliberate cost-reduction choice that kept face value accessible while still qualifying as a gold issue.

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