The arms of Panam with 9 stars above representing the 9 provinces (km127.1) at the time (there are now 10, km127.2) and the country name above with the date below
Obverse script
Latin
Obverse lettering
REPUBLICA DE PANAMA
*********
PRO MUNDI BENEFICIO
2008 (Translation: Republic of Panama For the Benefit of the World)
Reverse description
The armored bust wearing a helmet of Vasco Núñez de Balboa facing left surrounded by value in letters and wreath. The right part of the wreath has 4 flowers on the km127.1 and only 3 on the km127.2
Reverse script
Latin
Reverse lettering
UN ·
DECIMO · DE · BALBOA (Translation: One-Tenth of a Balboa)