The arms of Panama with 9 stars above representing the 9 provinces of the country at that time (there are now 10), with the country name above, the silver content on both sides, and the date below
Obverse script
Latin
Obverse lettering
REPUBLICA DE PANAMA
PRO MUNDI BENEFICIO
LEY
0.900
GR
6.25
1953 (Translation: Republic of Panama For the Benefit of the World 0.900 Purity 6.25 Grams)
Reverse description
Armored bust wearing a helmet of Vasco Núñez de Balboa, the first European who crossed the Isthmus, reached the Pacific by land and discovered the Perlas Archipelago (1513), facing left surrounded by legend
Reverse script
Latin
Reverse lettering
UN CUARTO DE BALBOA
*CINCUENTENARIO* (Translation: A Quarter of a Balboa Fiftieth Anniversary)