Catalog
5 Balboas Champions
| Issuer | Panama |
|---|---|
| Year | 1980 |
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| Composition | Log in to see details |
| Weight | 24.11 g |
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| Reverse description | The reverse features a dynamic full-length figure of a male boxer in fighting stance, rendered in relief against a highly polished field, with his right arm raised and fist clenched holding a boxing glove aloft in a victorious pose. Behind the figure, the Panamanian national flag unfurls prominently to the left, adorned with its distinctive quartered design and star. The curved legend PANAMA: TIERRA DE CAMPEONES arcs across the upper periphery from left to right, translated as Panama: Land of Champions. The date 1980 is inscribed in the lower exergue in prominent numerals. |
| Reverse script | Latin |
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| Additional information |
Issued to mark Panama's outsized contribution to professional boxing, this coin honors the string of world champions the country produced in the late 1970s — fighters like Roberto Durán, whose 1980 bout against Sugar Ray Leonard was among the most commercially significant boxing events of the decade. Panama had punched well above its weight in the sport for years, and this issue reflects a government eager to codify that achievement in silver.
The .500 fineness places it in a tier of coinage more common to circulation strikes than commemoratives, a budget-conscious choice that kept silver content modest without abandoning the metal entirely.