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50 Centésimos
| Issuer | Republic of Panama |
|---|---|
| Year | 1904-1905 |
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| Composition | 90% Silver, 10% Copper |
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| Obverse description | Armored bust of Vasco Núñez de Balboa facing left, depicted in Renaissance-style conquistador armor with scaled gorget and ruffled collar, rendered in high relief. The motto DIOS LEY LIBERTAD appears inscribed on a scroll or ribbon across the chest of the effigy. The circular legend REPUBLICA DE PANAMA arcs around the upper periphery, while the denomination inscription BALBOA and the date 1904 appear in the lower exergual area. The portrait is bold and detailed, reflecting the work of the Philadelphia Mint's engravers, and is surrounded by a finely beaded border. |
|---|---|
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| Obverse lettering | REPUBLICA DE PANAMA DIOS LEY LIBERTAD BALBOA 1904 |
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| Reverse script | Latin |
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