| Descripción del anverso |
The national coat of arms of Panama occupies the central field, featuring the quartered shield supported by a displayed eagle with wings spread, flanked by nine stars along the upper arc and the national motto PRO MUNDI BENEFICIO inscribed on a ribbon across the shield. The circular legend REPUBLICA DE PANAMA runs along the upper periphery, while the denomination 20 BALBOAS is inscribed along the lower periphery, both separated by raised dots. The fineness LEY 0.500 and the Franklin Mint initials FM appear in the lower exergue beneath the shield. |
| Escritura del anverso |
Latin |
| Leyenda del anverso |
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| Descripción del reverso |
A bold half-length effigy of Simón Bolívar faces left, depicted in military uniform with epaulettes, holding a rolled scroll in his right hand. The portrait is rendered in high relief against a mirror-polished field, conveying a heroic and statesmanlike character. The circular legend BICENTENARIO DEL NACIMIENTO DE SIMON BOLÍVAR curves around the upper and right periphery. The date 1983 appears in the lower exergue, flanked by raised dots. |
| Escritura del reverso |
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| Leyenda del reverso |
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| Canto |
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| Casa de moneda |
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| Tirada |
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