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5 Balboas Baron von Richthofen

Issuer Panama
Year 1988
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Diameter 38.1 mm
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Obverse description Central field displays the national arms of Panama, flanked and surmounted by nine five-pointed stars arranged in an arc. The legend REPUBLICA DE PANAMA curves along the upper periphery, with the date 1988 and the fineness inscription 1 OZ. DE PLATA FINO appearing in the middle field below the arms. The denomination 5.00 UN BALBOAS is inscribed along the lower periphery.
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Reverse description Three-quarter length portrait of Manfred Freiherr von Richthofen, the celebrated World War I German fighter ace known as the Red Baron, depicted in full flying attire including leather helmet, goggles, fur-collared flight coat, and binoculars at chest. A Fokker triplane is prominently rendered in the background to the left. The legend MANFRED FREIHERR VON RICHTHOFEN arcs along the upper periphery, with the birth and death years 1892 and 1918 flanking a Pour le Mérite cross medallion at the top. The inscription RED BARON appears along the lower periphery.
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Additional information

Manfred von Richthofen died in April 1918, shot down over the Somme — almost certainly by ground fire rather than by René Fonck or Roy Brown, despite both men's claims. Panama's decision to commemorate him seven decades later was purely commercial: the country ran an aggressive collector-coin program through the 1980s issuing silver rounds under foreign-sounding names to tap the international numismatic market, with little pretense of genuine national connection to the subject.

The X# prefix in the reference confirms its status as a non-circulating exonumia issue rather than a mainstream KM-catalogued coin.

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