The arms of Panama with 9 stars above representing the nine provinces at the time (there are now ten) with the name of the country above, silver content on both sides, date below
Obverse script
Latin
Obverse lettering
REPUBLICA DE PANAMA
*********
PRO MUNDI BENEFICIO
LEY GR
0.900 6.25
1962 (Translation: Republic of Panama For the Benefit of the World 0.900 Purity 6.25 Grams)
Reverse description
An armored bust with the helmet of Vasco Núñez de Balboa facing left surrounded by value in letters and wreath with the bust touching the rim below
Reverse script
Latin
Reverse lettering
VN
CUARTO DE BALBOA (Translation: One-Quarter of a Balboa)
Edge
Reeded
Mint
Royal Mint (Tower Hill), London,United Kingdom (1810-1975) United States Mint of Philadelphia, United States (1792-date) United States Mint of San Francisco, United States (1854-date)
Mintage
1930 - KM#11.1; Philadelphia Mint - 400 000 1930 - KM#11.1; Philadelphia Mint; Matte Proof - 20 1931 - KM#11.1; Philadelphia Mint - 48 000 1932 - KM#11.1; Philadelphia Mint - 126 000 1933 - KM#11.1; Philadelphia Mint - 120 000 1934 - KM#11.1; San Francisco Mint - 90 000 1947 - KM#11.1; Philadelphia Mint - 700 000 1962 - KM#11.2 (low relief, portrait touches rim); Royal British Mint - 4 000 000 1962 - KM#11.2 (low relief, portrait touches rim); Royal British Mint; Proof - 25