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20 Balboas Hummingbird

Issuer Panama
Year 1982
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Reference(s) KM#81, Schön#80
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Obverse lettering REPUBLICA DE PANAMA ********* PRO MUNDI BENEFICIO LEY 0.500 FM 20 BALBOAS
(Translation: Republic of Panama For the Benefit of the World 0.500 Purity)
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Mintage 1982 FM - - 140
1982 FM - Proof - 3,445
1982 FM - Proof, FDC -
Additional information

Panama's gold coinage of the early 1980s emerged directly from the country's unusual monetary arrangement — the balboa has never been physically issued as paper currency, with U.S. dollars circulating alongside it in a de facto currency union dating to 1904. These gold pieces were struck primarily for collector export rather than domestic use. The 1982 hummingbird issue was part of a broader conservation series tied to Panama's biodiversity advocacy at the time.

At .500 fineness, this sits below standard numismatic gold — a deliberate cost decision that kept issue prices accessible without reducing the nominal face value.

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