5 Balboas Baron von Richthofen

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.