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20 Balboas Panama Canal

Issuer Panama
Year 2016
Type Non-circulating coin
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Obverse description The national coat of arms of Panama is depicted centrally in the field, featuring a quartered shield surmounted by a spread-winged harpy eagle, with a scroll bearing the national motto PRO MUNDI BENEFICIO across the shield. Nine five-pointed stars are arranged in an arc above the coat of arms. The legend REPÚBLICA DE PANAMÁ curves along the upper rim in gold-plated lettering, while the date 2016 appears in the lower exergue. The central design is rendered in mirror-proof finish against a frosted field, with the outer border exhibiting selective gold plating.
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Reverse description A large ocean-going vessel is depicted in dramatic perspective transiting the locks of the Panama Canal, with the ship's bow rendered in selective gold plating occupying the central field. To the left, the concrete lock structure and gate machinery are shown in fine relief detail. The denomination VEINTE BALBOAS curves along the upper rim, while the commemorative inscription 2014 CIEN AÑOS DEL CANAL DE PANAMÁ arcs along the lower border, marking the centennial of the Canal's opening. The design employs a two-tone finish combining mirror-proof silver surfaces with selective gold plating on the vessel.
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Reverse lettering VEINTE BALBOAS 2014 CIEN AÑOS DEL CANAL DE PANAMÁ
(Translation: Twenty Balboas 2014 One hundred years of the Panama Canal)
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