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5 Balboas Panama Canal Treaty
| Issuer | Panama |
|---|---|
| Year | 1979 |
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| Currency | Balboa (1904-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse script | Latin |
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| Additional information |
Issued to mark the Torrijos-Carter Treaties of 1977, which transferred control of the Canal Zone to Panama in stages — full sovereignty arriving on December 31, 1999. The negotiation was a cornerstone of Omar Torrijos's political career and a direct result of sustained Panamanian pressure dating back to the 1964 Flag Riots, during which 21 Panamanians and 4 U.S. soldiers were killed in clashes over the right to fly the Panamanian flag in the Zone.
KM#58 was struck by the Franklin Mint under contract, as Panama lacked its own mint facility.