Date/Info: 1978FM
PANAMA INDEPENDENCE 75TH ANNIVERSARY
Denomination: S20B
Grade: PF
65 ULTRA CAMEO
Composition: Silver
Fineness: 0.9250
Weight: 129.5900g
ASW: 3.8538oz
Diameter: 61mm
Obverse: National coat of arms
Obverse Legend: REPUBLICA DE PANAMA 75th ANIVERSARIO
Reverse: 3/4-length Balboa standing facing left, upraised
right arm holding sword, left arm a flag
Subject: 75th Anniversary of Independence
Note: Illustration
reduced
Mintage: 23,000
Catalog KM#54
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Panama, officially the Republic of Panama, is the southernmost country of Central America and the whole of North America. Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean to the north and the Pacific Ocean to the south. The capital is Panama City.
Balboa is, along with the United States dollar, one of the official currencies of Panama. It is named in honor of the Spanish explorer / conquistador Vasco Núñez de Balboa. The balboa is subdivided into 100 centésimos.
Vasco Núñez de Balboa (c. 1475 – around January 12–21, 1519) was a Spanish explorer, governor, and conquistador. He is best known for having crossed the Isthmus of Panama to the Pacific Ocean in 1513, becoming the first European to lead an expedition to have seen or reached the Pacific from the New World.