Description: Coat of arms with nine stars above, country name above, value and silver content below.
Inscription: REPUBLICA DE PANAMA
★★★★★★★★★
PRO MUNDI BENEFICIO
LEY 0.500 FM
· · 1 BALBOA · ·
Translation: REPUBLIC OF PANAMA
★★★★★★★★★
FOR THE BENEFIT OF THE WORLD
LAW 0.500 FM
· · 1 BALBOA · ·