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500 Balboas Birth of Balboa

Issuer Panama
Year 1975-1977
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Currency Balboa (1904-date)
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Obverse description The national coat of arms of Panama occupies the central field, depicting a quartered shield supported by cornucopia and displaying crossed sword and rifle in the upper quarters, a representation of the Isthmus of Panama with the sun rising over the Pacific in the third quarter, and a cornucopia in the fourth quarter. A harpy eagle with wings displayed surmounts the shield, clutching a ribbon inscribed PRO MUNDI BENEFICIO, and nine stars arranged in an arc appear above. The circumferential legend REPUBLICA DE PANAMA runs along the upper border, while the denomination 500 BALBOAS is boldly inscribed along the lower border. The fineness notation 900/1000 ORO FINO appears in the lower central field beneath the shield.
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Reverse description A full-length figure of Vasco Núñez de Balboa is depicted kneeling in three-quarter view, clad in full armour of the sixteenth-century Spanish conquistador style. He holds an upraised sword in his right hand and a furled banner or standard in his left hand, commemorating his discovery of the Pacific Ocean. The figure is rendered in high relief against a plain field, with the explorer's name and commemorative legend arcing above and below the central motif.
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Mintage 1975 FM - - 1,496
1975 FM - Matte - 10
1975 FM - Proof - 9,824
1975 FM - Proof - Fleur de Coin -
1976 FM - - 160
1976 FM - Matte - 10
1976 FM - Proof - 2,669
1976 FM - Proof - Fleur de Coin -
1977 FM - - 59
1977 FM - Matte - 10
1977 FM - Proof - 1,980
1977 FM - Proof - Fleur de Coin -
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