Catalog
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| Issuer | Panama |
|---|---|
| Year | 2014 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 122 x 66 mm |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Central vignette portrays an Emberá archer drawing his bow, with a figure paddling a traditional pirogue in the background. The composition is rendered in a classical intaglio-style engraving. Bilingual denomination inscriptions and disclaimer legends frame the design. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Ypsilon (Y-shaped) pattern watermark |
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| Comments |
Panama has used the U.S. dollar as its de facto circulating currency since 1904, which makes any Panamanian banknote something of a paradox — legal tender in name, but rarely encountered in everyday transactions where dollar bills dominate entirely. The Balboa exists almost as a ceremonial assertion of national currency rights, and higher denominations like this 20 Balboa note circulate in genuinely limited quantities.
Matej Gabris is a Slovak engraver whose work appears across multiple central bank commissions; his involvement here points to an international contract issue rather than domestic production, though confirmed printing attribution for this series is not widely documented.