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20 Balboas Banded Butterfly Fish
| Issuer | Panama |
|---|---|
| Year | 1983 |
| Type | Log in to see details |
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| Composition | Log in to see details |
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| Technique | Milled |
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| Reverse script | Latin |
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| Mint | FM Franklin Mint (The Franklin Mint), Wawa, Pennsylvania, United States (1964-date) |
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| Additional information |
Panama's 1983 conservation series targeted international collectors rather than domestic circulation, issued under a broader push by smaller nations to leverage gold coinage as foreign currency earners. The Balboas series from this period was produced in limited quantities specifically for this market, with the .500 fineness chosen to keep production costs manageable against gold prices that had spiked sharply in the early 1980s before retreating.
KM#92 is one of several wildlife-themed denominations from the same year, each tied loosely to Panama's biodiversity promotion efforts following the 1977 Canal Treaties, which shifted international attention toward the country's natural resources.