| Obverse description | Coat of arms of Panama under the name of the country, below, the fineness and the face value |
| Obverse script | Latin |
| Obverse lettering | REPUBLICA DE PANAMA
*********
PRO MUNDI BENEFICIO
FM
500/1000 ORO FINO
500 BALBOAS (Translation: Republic of Panama For the Benefit of the World 500/1000 Fine Gold) |
| Reverse description | Bust of Omar Torrijos left, date below |
| Reverse script | Latin |
| Reverse lettering | GENERAL OMAR TORRIJOS H. 1982 |
| Edge | Reeded |
| Mint | FM Franklin Mint (The Franklin Mint), Wawa, Pennsylvania, United States (1964-date) |
| Mintage | 1982 FM - - 97 1982 FM - Proof - 398 1982 FM - Proof, FDC - |
| Catalog ID | 3516625750 |
| Comments |