5 Balboas Republic, Silver

Obverse description	The national coat of arms of Panama occupies the central field, depicted in high relief and featuring the divided shield with symbols of the isthmus — crossed swords and rifle in the upper quarters, a cornucopia and a winged wheel in the lower quarters, and the Canal in the centre — surmounted by a harpy eagle with outstretched wings and flanked by nine stars. A row of nine stars arches above the shield, separating the commemorative legend. The circular legend reads REPUBLICA DE PANAMA and 75º ANIVERSARIO around the upper periphery, with the denomination 5 BALBOAS at the base and the fineness LEY 0.925 inscribed in the lower field.
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Reverse description	A large, finely modelled front-facing bust of Belisario Porras, three-time President of Panama and statesman known as 'The Constructor of the Republic', dominates the field. The portrait depicts him as an elderly gentleman wearing round wire-rimmed spectacles, a suit with a tie, and rendered with considerable sculptural detail in the Franklin Mint style. The legend BELISARIO PORRAS arcs along the upper periphery, while the date 1978 is incused in the lower exergue.
Reverse script	Latin
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