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5 Centésimos
| Issuer | Panama |
|---|---|
| Year | 1929-1932 |
| Type | Log in to see details |
| Value | 5 Centesimos (5 centésimos) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Obverse description | The Panamanian Coat of Arms occupies the central field, depicting the national shield with its characteristic quartered design. An arc of nine five-pointed stars is arranged above the arms, while the circular legend REPUBLICA DE PANAMA flanks the device and the national motto PRO MUNDI BENEFICIO appears below. The date is inscribed in the lower exergual area. The entire design is enclosed within a milled border. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | REPUBLICA DE PANAMA ********* PRO MUNDI BENEFICIO 1932 (Translation: Republic of Panama For the Benefit of the World) |
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| Additional information |
Panama's coinage has always occupied an unusual position — the country adopted the Balboa as its currency in 1904 but simultaneously declared the U.S. dollar legal tender at par, a arrangement that persists today. In practice, Panama has never issued paper currency of its own, making its coins the only domestic physical currency the republic has ever produced. The 5 Centésimos was struck at the Philadelphia Mint under contract, as Panama operated no mint of its own.